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32387 Clear Springs Drive
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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by NPL Real Estate | $799,900 | |
| Listed by NPL Real Estate | |||
| | |||
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Beautiful Turn Key Morning Star Ranch, 4 Bed, 3 Bath, Pool home! (including bedroom and ¾ bath downstairs) spans 2,719 square feet. Extra large loft, perfect for entertainment room, or, office. Laminate flooring downstairs, brand new carpet, all new neutral color interior paint, a light and airy floorplan. Extra Large kitchen with plenty of cabinets, Over $125,000 spent recently on Your backyard oasis featuring a brand new sparkling pool (built in 2023), with a large covered vinyl patio. Lot has a large side yard area as well. Additional highlights include - PAID OFF SOLAR for energy savings, EV fast-charging station for your electric vehicle, spacious 3-car tandem garage with plenty of storage. All set on a generous 8,276 sq ft lot. Located within the award-winning Temecula Valley Unified School District, in a family-friendly neighborhood, and just minutes from Temecula’s world-renowned wine country, this home checks all the boxes — and then some. Whether you’re seeking room to grow, space to entertain, or simply a beautiful place to call home, this gem has it all. SELLER WILL CONSIDER CONTRIBUTING TOWARDS BUYING DOWN THE INTEREST RATE, AND OR, TOWARDS BUYER'S CLOSING COSTS!!
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| May 26, 2020 | Sold | ||
| Sold | |||
| Apr 4, 2020 | Listed by Yager Realty Of California | $485,000 | |
| Listed by Yager Realty Of California | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017