38270 Calaveras Road
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Price Decreased |
$1,499,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Jan 28, 2025 | Listed by Ignite Real Estate | $1,599,000 | |
| Listed by Ignite Real Estate | |||
| | |||
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MASSIVE PRICE IMPROVEMENT! Welcome to your dream home nestled in the heart of Temecula’s famed wine country, where elegance meets entertainment, surrounded by serene landscapes & luxury located at 38270 Calaveras Road. This exquisite home, sprawling nearly 4,000 square feet, offers an inviting floor plan boasting 4 spacious bedrooms & 4.5 luxurious bathrooms. Each space within this residence is meticulously designed to elevate your living experience. The remodeled kitchen, a chef’s delight, equipped with top-of-the-line appliances, a perfect tableau for culinary creativity. From there, wander into the expansive great room, where a wood pitched ceiling towers above & a two-sided stone fireplace adds a touch of rustic charm to your evening respites. For those who appreciate a fine vintage, the hobby vineyard promises an engaging venture into viticulture, paired delightfully with panoramic views of the Temecula Valley that can be savoured from the primary bedroom’s private deck or the long, dramatic driveway grandly welcomes you & your guests. The primary suite further indulges with its luxurious amenities and pitch-perfect aesthetics, ensuring every wake-up is as glorious as the last.
The temptation to retreat to comfort is strong, the entertainment options will spur any enthusiast’s curiosity—with a dedicated game room ready to host your next soirée or family game night. **The residence also features a separate in-law quarter complete with a kitchenette, ideal for guests or converting into a lucrative rental.** Outdoors, the setting speaks to those who cherish both privacy & expansiveness. The sprawling lot affords ample space for a variety of outdoor activities, while the pristine pool and spa promises a refreshing dip on sunny southern California days. Meanwhile, RV parking ensures that adventures are always at the ready, inviting you to explore beyond the gates with ease. For those with a predilection for the entrepreneurial spirit, pleasure meets business opportunity here, as this property does not shy away from income potential. This home comes furnished, should the buyer desire, making it a turn-key solution for generating rental income immediately—a rare perk that keeps on giving. Fulfil your desires for a home that offers both an escape & an embrace. Here, layers of functionality blend with sheer beauty, setting the stage for a life well-lived. Your new chapter awaits in this Temecula treasure, where every day feels like a luxurious vacation.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017