MORGAN HILL ESTATES SINGLE LEVEL BEAUTY! This sought after South
Temecula Community, Morgan Hill, now has a home waiting for you!
Outstanding curb appeal w/ custom hardscape & lush landscape
that welcomes you into the home. 2923 sq. ft w/ 4 bedrooms & 3
baths. Open Floor Plan w/ hand scraped maple wood flooring
all throughout the home (only carpet in the bedrooms). The
Dining Room, at the front of the home, has a built in wine/storage
cabinet & adjacent butler's pantry. This home has storage
galore! The massive Kitchen/Informal Dining/Living Room combo spans
the back of the house. Crown molding, wood shutters, neutral
colors & ceiling fans all throughout the home. Enjoy cooking
& entertaining in this kitchen w/ the large center island,
stainless appliances, double ovens, granite countertops + a
generous sized walk in pantry. The large living room has
space for everyone to sit, relax & enjoy the fireplace or watch TV
in the built in media cabinet. The primary suite is in the
back of the home & separated from the additional bedrooms that are
in the front of the home. The backyard is the rarity to find!
Indoor/outdoor living in the cozy California Room, another
spot to watch TV or sit by the fireplace. There is also a
built in BBQ lsland, a built in Firepit & plenty of Grassy Space
for kids to play, throw a ball or you could add a pool. The
yard is manicured so well, every inch from front to back has been
well cared for! The 3 car tandem garage is also a beauty w/
custom built in cabinets, hanging storage & epoxy flooring. Morgan
Hill is known for the community amenities, the community activities
& all the parks. This is not a community you miss checking
out all that it offers its residents. If you are tired of
going up & down stairs & looking for a single level Temecula home,
Come and Tour this one ASAP!
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.
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