32645 Corte Loja
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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.
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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 |
|---|---|---|---|
| Apr 28, 2023 | No longer available | - | |
| No longer available | |||
| Mar 25, 2023 | In contract | - | |
| In contract | |||
| Mar 7, 2023 | Listed by Reliable Realty Inc. | $899,000 | |
| Listed by Reliable Realty Inc. | |||
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This one is all about location and is perfectly situated in Redhawk’s premier gated community of Rancho Madera. The house is in a prime location at the end of a cul-de-sac with no rear neighbors, captivating views and offers great privacy. The property boasts an extra-large pie shaped lot, lush landscaping, mature trees, citrus trees, manicured bushes and a stunning wisteria tree adding to its charm. The curb appeal will certainly grab your attention right away with ample parking and beautiful raised garden beds that really set it off. Notice the formal entrance and high ceilings the moment you walk in. There is a spacious office downstairs with a double door entry, built in shelving, a private entrance and could easily be the 5th bedroom. The formal living room has more stunning built-in’s, crown molding, high ceilings and tons of natural light. The spacious kitchen is a chef's dream with a Viking range, built-in sub-zero fridge, granite counter, huge center island, large pantry, lots of counter space and ample cabinets for great storage. The living room is perfectly connected to the kitchen giving you that great-room feel with a cozy brick fireplace, large windows and French doors leading out to the patio and backyard. The second level of the home features three more bedrooms as well as a large master suite with a large private deck overlooking the backyard as well as some incredible views. The spacious master bath has a dual vanity, large soaking tub, walk-in shower and large walk-in closet. The home has great natural light all around and you will also find dual oversized A/C units, an EV charging station, a water softener system as well as an extra-large infrared sauna in the garage to sit back, relax and enjoy the incredible health benefits. This property sits in south Temecula, is close to major shopping, lots of great dining options, just minutes to the freeway, the famous Wine Country, Old Town Temecula and is located in the award winning school district of Great Oak High. This incredible home certainly checks all of the boxes and the location is hard to beat. The manager has listed the unit size as 3030 square feet.
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| Jun 5, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by Rancon Real Estate-Murrieta | $575,000 | |
| Listed by Rancon Real Estate-Murrieta | |||
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About Redhawk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017