37650 Tripp Flats
About This Property
*** 3 Bedroom Home PLUS BONUS ROOM and 2 Bath -- PLUS -- ADU with Bathroom - ** ON PAVED ROAD **. ** NEWLY REHABBED HOME - Brand New Roof, Plumbing Fixtures, Fresh Paint+ HVAC SPLIT SYSTEMS for Economical Cooling and Heating. Separate Laundry Room. FENCED IN with Sub- Division Fencing - Ideal for Farm Animals. Perfect Sunsets and Gorgeous Views. Enjoy the FRESH AIR, Delicious NATURAL Well Water. -- Off Highway 371 for easy Commute. -- Plenty Fun to have with local HorseBack Riding Trails and Rentals -or- Dirt Bike Heaven Motorcross -or- Wine Country Galore minutes away -or- Hiking Trails -or- Nearby Fishing Lakes (* Hemet Lake has Hosted NATIONAL TOP RATED FISHING Competitions ) -or- Local CASINO and Night Life just minutes away ... or you may visit Downtown Temecula for specialty shop Hopping-or- Lots of Restaurants, etc, etc. Picturesque Drives to Temecula, Palm Springs, Idyllwild-Pine Cove... Enjoy the Views of the Yearly Temecula HOT AIR BALLOON FESTIVAL.. NEVER A DULL MOMENT ! ** ** Elementary, Middle, Highschool, and Olivet University - all within a few minutes.
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Cap Rate Calculator
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 15, 2026 | Listed by Rise Realty | $449,000 | |
| Listed by Rise Realty | |||
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Price Decreased |
$280,000
↓ $30K
(9.7%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$310,000
↓ $30K
(8.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017