$250,000
●
Land -
Off Market
38855 Via De Oro
Temecula, CA 92592
Studio
0 Bath
$491,734
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Location, Location, Location! One of a kind, elevated usable lot of
4.60 Acres with panoramic breathtaking views of Lake Skinner, city
lights and the Valley! Incredible opportunity to build your dream
home on this rare to find lot with building pad, surrounded by
million dollar estate homes, Vineyards and horse ranches. Water
meter installed, Utilities in street, the road to the property is
paved and very well maintained. Endless panoramic views vistas from
sunrise to sunset. Just 15 mins from freeway, yet situated in quiet
location offers serenity & peace with a private country-living
lifestyle. Minutes from the wineries, shopping centers and award
winning schools. This is truly a treasure and must be seen! Don't
let this opportunity to slip away! Low property tax and NO HOA!
Unit Size
-
Days on Market
367 days
Land Size
4.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2020
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW17150287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2018 | Sold | ||
| Sold | |||
| Jul 4, 2017 | Listed by Allison James Estates & Homes | $325,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Asking Price
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Closing Price
Sold On
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HOA + Taxes
About Riverside
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Listed by: Tatyana Mitchiner, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17150287
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17150287
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