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38138 Tranquila Avenue
About This Property
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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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | Listed by KW The Lakes | $619,000 | |
| Listed by KW The Lakes | |||
| | |||
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Welcome to 38138 Tranquila Avenue, a stunning home located in the prestigious Rancho Bella Vista Community of Murrieta. This beautiful residence features 3 spacious bedrooms, 2.5 bathrooms, and 1,910 sq. ft. of thoughtfully designed living space.
The interior boasts bamboo flooring, upgraded baseboards, crown molding, and cathedral windows that invite abundant natural light. The open-concept floor plan seamlessly connects the living room, dining area, and kitchen, perfect for gatherings. The kitchen offers tile countertops, ample cabinetry, and modern appliances. Retreat to the serene primary suite with dual sinks, a jetted tub, and a separate shower. Enjoy the well-maintained backyard, ideal for outdoor entertaining. Situated on a 4,792 sq. ft. lot, this home includes a 2-car garage for added convenience. Residents of Rancho Bella Vista enjoy community amenities such as parks, sports fields, playgrounds, and scenic walking trails.
Located across from highly rated Rancho Bella Vista Middle School and within the sought-after Temecula School District, this home also offers easy access to Temecula’s wine country, shopping, dining, and major freeways. Don’t miss your chance to own this exceptional property! Schedule your showing today!
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| Jan 11, 2023 | No longer available | - | |
| No longer available | |||
| Dec 20, 2022 | In contract | - | |
| In contract | |||
| Dec 8, 2022 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017