1
Map
$590,000
●
House -
Off Market
3740 Ulla Lane
Lake Elsinore, CA 92530
5 Beds
4 Baths,
1
Half Bath
3,668 Ft²
$981,317
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Horse Property - Custom Built Old English Classic Tudor Home.
NO HOA, NO Mello-Roos, and Lowest Tax rate in the
area.5br/5ba- Heated Saltwater pool and spa, on nearly an acre of
flat usable Horse property. Size is everything in this 3668 sqft
two stories house, two fireplaces, five baths, offers all the room
you will need. Discover Slate floors downstairs custom fireplaces,
secret study room of master. Master bath has a walk-in sauna, Rain
Forest shower, Top of the line Appliances in your new gourmet
kitchen and all appliances are included with touch faucets and a
bar-b-que island outdoors for entertaining your family and guest.
At night cozy up to one of the stone fireplaces in either the
living room or your game/media room, or just relax in your quiet
study reading a book. Enough Parking for the following a full-size
motor home, boat and a 32' foot horse trailer.
Unit Size
3,668 Ft²
Days on Market
288 days
Land Size
0.98 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW18114088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2019 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed by KW Temecula | $650,000 | |
| Listed by KW Temecula | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lake View District
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Daniel Summers, KW Temecula
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18114088
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18114088
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