$452,500
●
House -
Off Market
31632 Meadow Lane
Winchester, CA 92596
5 Beds
4 Baths
3,340 Ft²
$658,199
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Nestled in the Rolling Hills of French Valley in Winchester,
Riverside County Ca, this Mediterranean Style Home shows like a
MODEL HOME!! The Sleek & Elegant Interior Offers an Open Floor
Plan, High Ceilings, 5 Bedrooms (w/ 1 Bed & Bath Downstairs & 2
Master Suites) 4 Baths, 3340 Sq Ft, 3 Car Garage & a Pool Sized
7405 Sq. Ft lot. Enter the first floor through the Luscious front
Yard & Porch. Inside, soak in the Natural Light as you walk into
the Formal Living & Dining Rooms. Down the Hall is the Family Room
w/ Fireplace & Surround Sound that opens to the Gourmet Kitchen
featuring Granite Countertops w/ Island & Breakfast Bar, Upgraded
Mahogany Cabinets, GE Profile Stainless Steel Appliances & Walk In
Pantry. Walk upstairs into the Luxurious Master Suite offering a
Walk In Closet, Upgraded Master Bath w/ Soak In Tub, Shower, His &
Hers Sinks, Vanity & Subway Tile Counters & Backsplash. There is an
additional Junior Suite down the Hall, 2 Spacious Beds, Hall Bath &
Laundry Room. Interior Upgrades include, Custom Crown
Molding,Custom Baseboards, California Double Pane Windows, Custom
Paint, Berber Carpet & Ceramic Tile Floors, Upgraded Ceiling Fans &
Light Fixtures, Recessed Lights, Custom Blinds, Custom Window
Casings, New Water Heater, & more. Outside, enjoy the Fully
Landscaped Backyard w/ Stamped Concrete Patio, Brick Planters &
Mature Trees & Shrubs. + Enjoy being within walking distance to
Harvest Hill STEAM Academy, Abelia Sports Park & more.
Unit Size
3,340 Ft²
Days on Market
72 days
Land Size
0.17 acres
Price per sqft
$135
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2006
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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: 5 months ago (CRMLS #OC19226891)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 1, 2021 | In contract | - | |
| In contract | |||
| Apr 19, 2021 | Listed | $599,900 | |
| Listed | |||
| | |||
|
Welcome to this stunning 5 Bedrooms (with an additional bedroom on the main floor and two master bedrooms) 4 full bathrooms, 3 car attached garage home that sits on top of a large 7405 Sq. Ft pool size lot, situated within the Rolling Hills of French Valley with VERY LOW HOA. As you enter home you are met with an open floorplan, high ceilings, crown molding, tons of natural lighting, custom window casings, custom baseboards throughout, gorgeous engineering wood flooring, formal living room and dining room that flows seamlessly into the gorgeous chefs kitchen which offers built-in stainless steel appliances, granite countertops, mahogany cabinets, tons of cabinet and countertop space, large center island, spacious walk-in pantry and is open to the very spacious family room that offers a cozy fireplace and built-in surround sound. The second floor offers spacious bedrooms which includes the master bedroom and master suite that features a large walk-in closet, dual vanity sinks, soaking tub, glass standup shower and two door master closets. The backyard oasis offers fully landscaped backyard with stamped concrete patio, brick planters & mature trees and shrubs. This home is within walking distance from Abelia sports park, shopping centers and more. The manager has listed the unit size as 3340 square feet.
| |||
| Dec 4, 2019 | Sold | ||
| Sold | |||
| Sep 23, 2019 | Listed by Century 21 Masters | $450,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About French Valley
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$3,800 /mo
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$3,900 /mo
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Listed by: Yanet Pineda DeOrozco, Century 21 Masters
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19226891
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC19226891
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