34036 Galleron
About This Property
The gourmet kitchen is a chef's dream, shining with a new designer backsplash and featuring super high-end appliances, including a professional-grade Wolf 5-burner gas cooktop and integrated Bosch oven, microwave, and dishwasher. This space seamlessly overlooks the family room, creating a warm hub for gatherings. The home boasts comprehensive, custom upgrades throughout, including custom closets in every bedroom for maximized organization, a newly installed and functional custom laundry room, and a sophisticated new bar with glass shelving and under-bottle LED lighting perfect for hosting. The primary suite itself is a true retreat, featuring a walk-in closet with custom organizers and a spa-influenced bathroom. Further enhancing practicality and appeal, the three-car garage is fully finished with durable epoxy flooring, extensive built-in storage cabinetry, and bright LED lighting. Major system updates, such as a newer AC unit and water heater, provide added peace of mind.
As a resident of Morgan Hill, you receive exclusive access to the luxurious clubhouse, which offers a resort-style pool and spa, state-of-the-art fitness center, lighted tennis courts, basketball courts, and a full calendar of community events. All of this is located just minutes from award-winning schools, fine dining, shopping, and Temecula's world-renowned 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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Abundance Real Estate | $1,149,990 | |
| Listed by Abundance Real Estate | |||
| Oct 1, 2025 | Price Decreased |
$1,150,000
↓ $22K
(1.9%) | |
| Price Decreased | |||
| Sep 26, 2025 | Price Decreased |
$1,172,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017