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32208 Cedar Crest Court
About This Property
Step inside to a light-filled living and dining area that flows seamlessly into a stunning family room with soaring two-story ceilings, a cozy fireplace, built-in media niche, and engineered hardwood floors. The open-concept layout continues into the kitchen, where a large island, granite countertops, stainless steel appliances, and a bright breakfast nook create the perfect space for gathering and entertaining. A main floor bedroom and full bathroom provide flexibility for guests or multi-generational living. French doors off the living room lead to a converted third-car garage, now a versatile den or flex space ideal for a home office, study, or creative room, complete with its own exterior access.
Upstairs, the spacious primary suite offers a true retreat with dual walk-in closets, a dual sink vanity, soaking tub, and separate walk-in shower. Two additional bedrooms, a shared bathroom with dual sinks, and a well-equipped laundry room with storage and sink complete the second level. Two whole house fans upstairs add an extra layer of comfort and energy efficiency.
The backyard is designed for relaxation and low maintenance, featuring a saltwater pool and spa, patio seating area, and thoughtfully designed landscaping with natural elements, succulents, and palm trees. Hardwired patio lighting creates the perfect setting for evening gatherings and outdoor living.
Living in Wolf Creek means enjoying a vibrant South Temecula lifestyle with nearby parks, trails, top-rated schools, shopping, dining, and easy access for commuters. This is a home where comfort meets convenience in all the right ways.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$949,900
↓ $25K
(2.6%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$974,900
↓ $75K
(7.2%) | |
| Price Decreased | |||
| Jan 26, 2026 | Listed by eXp Realty of California Inc | $1,050,000 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
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About Wolf Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017