38038 Pauba Road
About This Property
Seasonal stream at the rear, Utilities at street front.
Investors/ Spec Builders - this is a Hot Deal. Buyers- this is the spot for your Dream - Forever Home!
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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 |
|---|---|---|---|
| Oct 3, 2026 | Listed by Seaway Properties Real Estate | $1,200,000 | |
| Listed by Seaway Properties Real Estate | |||
| Mar 23, 2022 | No longer available | - | |
| No longer available | |||
| Jan 21, 2022 | In contract | - | |
| In contract | |||
| Dec 19, 2021 | No longer available | - | |
| No longer available | |||
| Dec 16, 2021 | Listed by Re/Max Now | $635,000 | |
| Listed by Re/Max Now | |||
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KING OF THE HILL! This is a beautiful 9.12 acre lot that is ready to build on.This Lot is located in the Equestrian Winery District and has sweeping unobstructed Views of the Wineries, the Polo Grounds, the Sparkling City Lights, and the Gorgeous Citrus Groves below, it sits High atop the Valley so the view will be forever. There is a seasonal stream on the property and the Lot backs up to a land reserve so you will not have anyone behind you. Located within ten minutes of Pechanga Casino, Journey and Temecula Creek Golf courses, and loads of shopping and restaurants.There has been extensive grading done to fit a very large home , flood control culverts have been done and the utilities are in the street. The gently sloping 600+ ft driveway has been cut and has enough paved street frontage to install a Grand Entry Gate. This is truly a paradise and a must see before you buy anything in this Valley.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017