$371,500
●
House -
Off Market
31554 Corte Salinas
Temecula, CA 92592
3 Beds
2 Baths
1,197 Ft²
$545,837
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
This charming 3 Bed, 2 Bath cottage style pool home is turn key,
has LOW taxes, and is move-in ready. Sellers are entertaining all
offers from $365,000-$379,000. As you enter the front courtyard you
are greeted with a rocky stream garden fountain. The interior
features include vaulted ceilings, tile floors, new HVAC system,
swamp cooler, and neutral paint throughout. The immaculate
kitchen has white tiled countertops, fresh paint, and a breakfast
nook. The master suite includes dual closets, and a single french
door that opens to the backyard that has a large solar heated
swimming pool with a new variable speed pump. The backyard also has
a natural rock koi pond, and a covered patio & private seating
area. The potted fruit trees on the property are dwarf orange,
banana, dragon fruit, peach, and apple. The second bedroom is
spacious and features a sliding door to the private patio. This
home is walking distance to nearby parks and trails and only
minutes away from all schools, shopping, and entertainment
including the Temecula wineries and Pechanga Casino. This home will
sell fast so come take a look today.
Unit Size
1,197 Ft²
Days on Market
134 days
Land Size
0.17 acres
Price per sqft
$309
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW18294769)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2019 | Sold | ||
| Sold | |||
| Dec 19, 2018 | Listed by First Class Real Estate | $370,000 | |
| Listed by First Class Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Margarita Village - Temeku Hills
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Listed by: Stacy Carter, First Class Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18294769
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18294769
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