38550 Crossover 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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $1,138,800 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed | $1,195,000 | |
| Listed | |||
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What’s Special About 38550 Crossover? Located at the edge of Southern California’s celebrated Temecula wine country, this property offers a rare opportunity for eco-luxury living and income generation, starting with a 550 sq ft fully independent attached ADU, featuring its own private entrance, 1 bd, and 1 bath, and currently generating approx. $30k/ year. Ideal for rental income, guest accommodations, or extended family living. The ADU adds significant value and flexibility to the property. Sustainability and energy efficiency are key highlights, powered by 40 fully-owned solar panels, dual LG backup batteries, and dual inverters, delivering substantial energy savings and reliable off-grid capability. Outdoor living is equally impressive, offering full RV hookups, including water, sewer, and 30-amp electric service, along with panoramic hillside views that create a serene natural backdrop. Designed for true self-sufficiency, the property includes a private well producing 5–8 gallons per minute, a 10,000-gallon onsite water storage tank, and a rainwater capture system combined with whole-house filtration for near-total water independence. Thoughtfully designed for future expansion and modern comfort, the home embraces luxury living with 9-foot ceilings and an open-concept floor plan anchored by a dramatic double-sided fireplace at the heart of the home. Expansive multi-slide glass doors create a seamless connection between indoor and outdoor living, while the commercial-grade kitchen offers both functionality and style for everyday living and entertaining. The private primary suite is a true retreat, featuring serene hillside views, marble flooring in the spa-like primary bath, and a frosted barn door water closet for added privacy. Completing the property's versatility, the spacious 1,100 sq ft double epoxy-coated garage offers abundant room for vehicles, hobbies, or storage needs. Ideally positioned to enjoy the peace of country living while remaining close to Temecula’s renowned wineries, shops, and restaurants, 38550 Crossover blends sustainability, income opportunity, and refined living into one extraordinary offering. Beyond what’s described, Crossover offers even more to discover. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017