32032 Merlot Crest
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%.
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Listed by ERA Donahoe Realty | $748,500 | |
| Listed by ERA Donahoe Realty | |||
| | |||
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Don’t just visit Temecula - Live Here! This rare 4-bedroom single-story checks off all the boxes! Nestled on nearly a 1/4 acre lot, this home features a 3-3 car garage and is located in the heart of Wine Country, offering both comfort and affordability with Low Taxes, No HOA, and is not in a high fire zone.
Situated in a serene cul-de-sac within a unique 20 home neighborhood, this Temecula gem boasts an inviting open floor plan flooded with natural light. With Cathedral Ceilings and a thoughtful design throughout, every corner of this home radiates warmth and style. As you step inside, you’ll be captivated by the seamless layout that connects the formal living room to the kitchen and family room, creating an ideal environment for entertaining or enjoying quiet evenings at home.
The well appointed kitchen is a culinary delight, featuring ample cabinet space, a breakfast bar, and a cozy dining nook that offers delightful views of the expansive backyard. Retreat to your primary suite, a tranquil oasis complete with a large walk-in closet and an ensuite bathroom that includes dual sinks, a soaking tub, and a separate shower.
Three additional bedrooms provide flexible options for family, guests, or a dedicated home office, ensuring there's space for everyone. With a brand-new HVAC system installed in July 2025, you’ll stay cool and comfortable during those warm summer months.
Step outside to discover your private paradise! The low-maintenance oversized backyard is designed for relaxation and recreation, featuring no homes directly behind you, making it a peaceful retreat. This outdoor haven is perfect for entertaining, gardening, or simply soaking up the sun in the beautiful California climate.
Additional features of this incredible property include a spacious 3-car garage with ample storage, an EV charger, and a tankless water heater for ultimate convenience. Living here means being just minutes away from award-winning wineries, scenic hiking trails, golf courses, and the charming boutiques and dining offerings of Old Town Temecula. Enjoy top-rated schools, family-friendly parks, and easy freeway access that makes commuting a breeze.
Whether you’re sipping wine on your patio or immersing yourself in the vibrant local culture, this home is your gateway to the best of Temecula living. Don’t miss your chance to make this beautiful property your own! Schedule a showing today and embrace the lifestyle you’ve always dreamed of!
| |||
| Aug 25, 2025 | Price Increased |
$748,500
↑ $49K
(6.9%) | |
| Price Increased | |||
| Aug 8, 2025 | Price Decreased |
$699,999
↓ $98K
(12.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Margarita Village - Temeku Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017