$399,000
●
House -
Off Market
31608 Corte Salinas
Temecula, CA 92592
3 Beds
2 Baths
1,197 Ft²
$595,805
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
This Temecula one-story home offers an in-ground pool, a fireplace,
master bath separate tub and shower, a covered patio and a
two car garage. Upgraded features include fresh interior paint, new
carpet in select rooms and a new microwave.
Unit Size
1,197 Ft²
Days on Market
51 days
Land Size
0.17 acres
Price per sqft
$339
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 #IV19118766)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by Coldwell Banker Realty | $429,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Beat the heat in this 1 sty pool/spa home located in The Village Groves.Close to wineries, restaurants, shopping, Temuku Hills Legends Golf Club.Perfect for entertaining.Vaulted ceilings has a very open & bright feel.Central A/C. Updated bathrooms w/ skylights.Living room has fireplace w/ Dining room nearby.Master Br. w/dual closets/slider doors to outdoor patios. Newer pool equipment, water heater, SS appl. Vinyl fencing & no neighbor behind and Views North. Great deal so Hurry.. Community Tot lot.. Neighborhoods: The Village Groves Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jul 11, 2019 | Sold | ||
| Sold | |||
| May 21, 2019 | Listed by OPENDOOR BROKERAGE INC. | $406,000 | |
| Listed by OPENDOOR BROKERAGE INC. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Margarita Village - Temeku Hills
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Listed by: SHAWN CHITTENDEN, OPENDOOR BROKERAGE INC.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19118766
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV19118766
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