31648 Corte Esparza
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%.
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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Price Decreased |
$630,000
↓ $18K
(2.8%) | |
| Price Decreased | |||
| Feb 27, 2026 | Price Decreased |
$648,000
↓ $7K
(1.1%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by eXp Realty of California Inc | $655,000 | |
| Listed by eXp Realty of California Inc | |||
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This 2-bed single story home in Paloma Del Sol, features 1,360 sqft of living space, a flexible den with door for potential 3rd bedroom, and an expansive 8,700+ sqft cul-de-sac lot with no rear neighbors. Designed for comfortable indoor outdoor living, it offers updated finishes and access to exceptional community amenities in central Temecula. Located in the heart of Temecula, home combines functional design with lifestyle appeal. The living room flows naturally into the open kitchen and dining area, creating a connected space that supports both everyday routines and gatherings. The kitchen features stainless steel appliances, recently upgraded quartz countertops, and a center island designed for prep and storage. With two bedrooms plus a private den, the layout offers flexibility for a home office, creative space, or 3rd bedroom. The primary suite includes an ensuite with dual sinks and a shower tub combo, while the secondary bathroom has been updated with modern finishes. Step outside, the 8,700+ sqft lot provides a spacious backyard with patio, mature landscaping, and no rear neighbors, enhancing privacy and relaxation. Positioned on a cul-de-sac, the setting feels tucked away while remaining close to everything. Residents of Paloma Del Sol enjoy five pools, parks, tennis and basketball courts, disc golf, and scenic walking trails. Conveniently located for access to Old Town Temecula, restaurants, shopping, Wine Country, and commuter routes. Come take a look today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017