$354,500
●
House -
Off Market
31658 Corte Tortosa
Temecula, CA 92592
3 Beds
2 Baths
1,197 Ft²
$572,480
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
~ NEW LAMINATE WOOD FLOORS ~ NEW CARPET IN BEDROOMS ~ NEW INTERIOR
PAINT ~ SINGLE LEVEL ~ CUL-DE-SAC ~ LOW TAX ~ Upgrades
include recently installed AC unit and furnace. This is a 3 bedroom
light filled home ideally located on a cul-de-sac with ideal
privacy no home behind. The home opens up into a generous size
great room that accommodates the family room and casual dining area
creating a bright open living area that brings a sense of space &
comfort to this home. Family room features a vaulted ceiling &
fireplace. Upgraded wood laminate floorboards throughout the living
areas and kitchen bring a sense of spaciousness to this home.
Additional feature of the home are the FOUR glass slider doors
found off the kitchen, dining area, master bedroom and front
bedroom with private sitting area. Bedrooms are spacious with new
carpet 2 rooms feature ceiling fans. Master bedroom complete with
vaulted ceiling and 2 closets. No home directly behind provides
much privacy in the backyard. Backyard includes terraced cover
patio. Make your move before someone else does!
Unit Size
1,197 Ft²
Days on Market
61 days
Land Size
0.16 acres
Price per sqft
$300
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: 5 months ago (CRMLS #SW17125380)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | Listed by Rate Republic Inc. | $609,000 | |
| Listed by Rate Republic Inc. | |||
| | |||
|
*Single story 3 Bedroom 2 bath home located in a Private Cul de sac. Enter the home where you will find vaulted ceilings and updated LVP flooring in the family room with a cozy gas fireplace. The kitchen features solid surface countertops, a tile backsplash, stainless steel appliances, and graphite sink. Master Bedroom features his/hers closets, vaulted ceilings, and private access to the yard. As you move to the backyard you will notice NO REAR NEIGHBORS for added privacy and a covered patio
| |||
| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Sep 5, 2022 | In contract | - | |
| In contract | |||
| Aug 16, 2022 | Listed by Redfin Corporation | $574,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
WONDERFUL SINGLE LEVEL HOME IN SOUTH TEMECULA ON A CUL-DE-SAC! This is a rare find for well under 600k. Enter the home where you will find vaulted ceilings and beautiful LVP flooring in the great room complete with a tastefully done, whitewashed gas fireplace. The wonderful kitchen features solid surface countertops, wonderful tile backsplash, stainless steel appliances and graphite sink. As you go through the home you will find the nice sized primary suite with 2 closets, a newer ceiling fan, vaulted ceilings and access to the yard. The primary bathroom has a cute barn door for added privacy. The second bedroom also has a newer ceiling fan and their own private balcony in the front of the house. The office towards the side of the home can be easily converted to a 3rd bedroom. As you move to the backyard you will notice NO REAR NEIGHBORS for added privacy and a covered patio as well. In addition to all that, this lovely home has an AC, and a furnace that is only 5 years old and a water heater that is about 1 year old. Come take a look today! The manager has listed the unit size as 1197 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Margarita Village - Temeku Hills
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Listed by: Goran Forss, Allison James Estates & Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17125380
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17125380
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