31524 Corte Salinas
About This Property
Nestled In A Desirable Neighborhood, This Delightful 3-Bedroom, 2-Bathroom Single-Family Home Offers 1,197 Square Feet Of Cozy, Light-Filled Living Space. Step Inside To Discover An Inviting Open Floor Plan, Where Natural Light Streams Through Large Windows, Creating A Warm And Welcoming Ambiance. The Backyard Is A True Gem, With Picturesque Views Of A Lush Greenbelt, Perfect For Relaxing Evenings Or Entertaining Guests. While The Home Would Shine With A Few Modern Upgrades, It Brims With Charm And Offers Endless Potential To Make It Your Own.
Ideally Located Just Moments From Local Shopping, Beautiful Parks, And The World-Renowned Temecula Wine Country, This Property Also Provides Easy Access To Downtown Temecula's Vibrant Restaurants, Boutiques, And Entertainment. With Its Unique Charm And Unbeatable Location, This Home Is Ready To Be Transformed Into Your Dream Retreat.
Don't Miss Out On This Rare Opportunity To Own A Piece Of Temecula's Charm And Character!
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | Listed by MVP Real Estate & Investments | $559,000 | |
| Listed by MVP Real Estate & Investments | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017