38495 Via Majorca
About This Property
Conveniently situated near shopping, schools. Temecula Valley Wine Country, golf courses, and the Santa Rosa Plateau Ecological Reserve.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by KPM INVESTMENT ENTERPRISES INC | $389,888 | |
| Listed by KPM INVESTMENT ENTERPRISES INC | |||
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Coldwell Banker Realty | $395,000 | |
| Listed by Coldwell Banker Realty | |||
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Exclusive La Cresta property with breathtaking views! This 5.28-acre parcel is nestled among custom-built homes and boasts a generous house pad suitable for a 5,800 square foot luxury estate. Accessible via a paved street, the property is equipped with water and electricity at the street. Conveniently situated near shopping, schools, Temecula Valley Wine Country, golf courses, and the Santa Rosa Plateau Ecological Reserve.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017