31944 Corte Positas
About This Property
Step inside to discover an inviting open floor plan featuring a generous formal living room and a separate family room, ideal for relaxation and gatherings. The home offers large bedrooms throughout, including a versatile fourth bedroom currently utilized as an office, thoughtfully situated for added privacy.
Outside, enjoy the beautifully landscaped backyard, complete with captivating views and a lovely patio-perfect for outdoor dining and soaking in the serene surroundings. This established community benefits from both very low taxes and low HOA fees, making it an even more attractive option.
Conveniently located with a community park on the street, near award-winning schools, essential services, and the picturesque Temecula wine country, this home is ready for your personal touches to make it your own-Don't miss your chance to experience the charm and comfort of this exceptional property!
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Cap Rate Calculator
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 9, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Coldwell Banker Realty | $699,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017