31485 Culbertson Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Price Decreased |
$850,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$860,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Team Forss Realty Group | $875,000 | |
| Listed by Team Forss Realty Group | |||
| | |||
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Incredible opportunity to own this immaculate home in highly sought after Chardonnay Hills community with fully pre-paid solar that backs to permanent open space nature preserve and walking trail. This beautiful remodeled home features low maintenance turf, new multi-zone heat and air conditioning systems, hard surface flooring, high ceilings and lots of windows which really make this home airy and light. Covered front porch entry into formal living and dining rooms. Main floor office/bedroom with full bath. At the rear of the home, a well appointed kitchen with center island, pantry and stainless appliances is wide open to the breakfast nook and the spacious family room with fireplace. Second floor features 4 large bedrooms, including an impressive primary suite with an amazing luxury 5 piece bath and walk in closet. Another roomy bedroom/flex space has it's own private second floor deck, which looks over the large private lot and the nature preserve beyond. Second floor laundry room is loaded with counter space and cabinetry and has natural light. Community features 2 pools, 2 spas, pickleball, volleyball, basketball courts, baseball field, 2 playgrounds, walking trails and private security. Located close to parks, top quality schools and is the closest community to all the award winning wineries Temecula has to offer. Easy freeway access for commuters. Low, low tax rate, paid for solar and low HOA dues keep this home affordable!
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Margarita Village - Temeku Hills
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Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 3 Beds
- 2 Baths
- 1,974 ft²
$3,549 /mo
- 4 Beds
- 2 Baths
- 2,891 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017