33433 Emerson Way #B
About This Property
Enjoy a private, quiet backyard with no rear neighbors, complete with an Alumawood patio cover, sunshade, outdoor ceiling fan, turf, newer vinyl fencing, and beautifully maintained landscaping - perfect for relaxing or entertaining. The thoughtfully designed floor plan offers a spacious living room with a gas fireplace, dining area, well-appointed kitchen, full bath, and laundry room on the main level, with all three bedrooms and two additional bathrooms upstairs. In addition, there is a bonus room that could be a fourth bedroom. The primary suite provides a comfortable retreat with a double sink vanity and windows overlooking the private backyard. This end-unit location offers added privacy, natural light, and a great value for a remodeled home close to everything!
Lovingly maintained by the original owner, the home includes plantation shutters, an attached 2-car garage with epoxy flooring, in-unit laundry with cabinetry, and all kitchen appliances less than one year old, water softener and washer and dryer included, plus a newer AC unit.
Auberry Place is a gated community of 144 units featuring resort-style amenities including a pool, spa, and playground, all within close walking distance. Low property taxes and HOA fee covers roof, exterior maintenance, landscaping, etc. Located in the highly sought-after Redhawk community, you'll enjoy convenient access to shopping, restaurants, walking trails, award-winning schools, Old Town Temecula, and Temecula Wine Country.
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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 |
|---|---|---|---|
| Oct 4, 2026 | Price Decreased |
$559,995
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$574,995
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 21, 2026 | Relisted | $579,995 | |
| Relisted | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Price Decreased |
$579,995
↓ $19K
(3.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2026
| |
2 Bed
|
2 Bath
|
1532 ft²
|
$579,000
2 Bed
2 Bath
1532 ft²
|
$583,000
+0.69%
04/27/2026
|
Goran Forss
Allison James Estates & Homes
|
|
06/19/2022
|
3 Bed
|
2 Bath
|
1408 ft²
|
$459,900
3 Bed
2 Bath
1408 ft²
|
-
-
|
Julie Reed
HomeSmart Realty West
| |
|
03/20/2019
| |
2 Bed
|
2 Bath
|
1532 ft²
|
$379,500
2 Bed
2 Bath
1532 ft²
|
$368,250
-2.96%
05/09/2019
|
MaryElizabet Clark
Fathom Realty Group Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017