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31839 Corte Pollensa
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 |
|---|---|---|---|
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 10, 2021 | In contract | - | |
| In contract | |||
| Oct 20, 2021 | Listed by RE/MAX Vanguard | $480,000 | |
| Listed by RE/MAX Vanguard | |||
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Charming, single story home in Paloma Del Sol Community. Pride in ownership is evident throughout. Perfect starter home or for folks down sizing. Home has a comfortable, contemporary yet retro feel to it. Bathroom have been redone and each has a violet light option in the bath tub/shower areas to promote sanitary conditions. Home has newer water heater and water softener. Two car garage with direct access to the home. Large Patio has a solid low maintenance patio cover. Home is across the street from an entrance to a large community park, you can view the 4th of July Fire Works from the property or the park. Paloma Del Sol has ample access to walking trails, parks, sport courts, pools etc. Conveniently located in central Temecula - close to schools, I-15 exits, retail on 79 south, or Ranch California Roads; minutes to Old Town, Pechanga Casino and Resort as well as the world Famous Temecula Wine Country. Schedule a private tour of this home. The manager has listed the unit size as 920 square feet.
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| May 15, 2018 | Sold | ||
| Sold | |||
| Mar 26, 2018 | Listed by Signature Real Estate Group | $340,000 | |
| Listed by Signature Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017