31712 Corte Encinas
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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Four Seasons Properties, Inc | $575,000 | |
| Listed by Four Seasons Properties, Inc | |||
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Tucked away on a peaceful cul de sac, this light filled single story home offers the kind of comfort and flow that just feels right the moment you walk in. With 2 bedrooms and 2 bathrooms, the home is thoughtfully designed with vaulted ceilings and an abundance of natural light that makes every space feel open and inviting. The kitchen blends warmth and function with rich wood cabinetry, granite countertops, stainless steel appliances, and plenty of prep space, along with a bar seating area that’s perfect for casual dining or morning coffee. It opens seamlessly to the main living area for easy everyday living. The living room centers around a cozy fireplace and oversized windows that bring in soft natural light throughout the day. Just off the main space, the primary suite offers vaulted ceilings, private access to the backyard, and an ensuite bath with a separate water closet for added privacy. The secondary bedroom is filled with natural light and features a charming bay window that creates a cozy, inviting space perfect for guests, a home office, or both. Out back, you’ll find a private yard that strikes the perfect balance of usable space and low maintenance. A combination of patio and grass creates an ideal setting for relaxing evenings, casual entertaining, or a little gardening without the upkeep of a larger lot. Additional features include an attached two car garage, a welcoming front patio space, and a whole house water softening system. The neighborhood adds to the charm with a community park just around the corner and sidewalks that invite easy afternoon strolls. Located close to shopping, dining, and Temecula’s wine country, this home offers a quiet setting with everyday convenience.
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| Nov 30, 2021 | No longer available | - | |
| No longer available | |||
| Sep 29, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017