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39589 Verbena
About This Property
Interior upgrades include quartz countertops, a stylish backsplash and luxury vinyl plank flooring. Outside, the beautifully landscaped backyard is designed for relaxation and entertaining, featuring an inviting California room, an expansive covered patio and a custom water fountain that creates a peaceful setting. With no neighbors directly behind the property, you can enjoy exceptional privacy while relaxing outdoors. A custom fire pit surrounded by a circular built-in bench provides the perfect gathering spot on cool Southern California evenings. Stone veneer accents complement the extensive hardscape, while the remaining landscaped yard completes this private outdoor retreat.
Esplanade offers an exceptional active-adult lifestyle with resort-style pools and spa, a private clubhouse, fitness and wellness facilities, pickleball and bocce ball courts, outdoor recreation areas, BBQ dining and scenic walking trails and parks. Ideally situated near Temecula Wine Country, this home combines comfortable single-level living, thoughtfully designed indoor-outdoor spaces and access to an outstanding array of community amenities.
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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%.
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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 |
|---|---|---|---|
| Oct 19, 2026 | Listed by McDermott Realty Group | $1,050,000 | |
| Listed by McDermott Realty Group | |||
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About Roripaugh Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017