33439 Corte Mangarino
About This Property
highly sought after community of Temecula California Tradewinds. So much attention to detail in this open floor plan. Approx. 3099
sq. ft with 4 large bedrooms, open spacious loft, 2 full baths upstairs and ¼ bathroom downstairs. Newer tile & carpet. Custom
blinds, two AC units, ceiling fans, cozy gas fireplace, recessed lighting, custom paint inside and out. Newly remodeled cooks kitchen
with granite counter tops, center island, stainless steel appliances, walk in pantry. Indoor laundry with lots of storage. Beautifully
landscape & hardscape front and backyards, complete with large patio cover. Delicious fruit bearing trees-lemon, fig, apple, and
orange. Large 3-car attached garage. Low taxes, close to schools, shopping and freeway. A Must See!
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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 |
|---|---|---|---|
| Jun 22, 2018 | Sold | ||
| Sold | |||
| Apr 4, 2018 | Listed by Harcourts Advantage | $537,000 | |
| Listed by Harcourts Advantage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017