$780,000
●
House -
Off Market
40055 Rica Drive
Temecula, CA 92592
4 Beds
2 Baths
2,891 Ft²
$1,226,107
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
***BIG PRICE DROP*** - SELLER WANT'S THIS SOLD ASAP - BRING ALL
OFFERS - One of the most challenging things to describe in words is
a panoramic view. This Glen Oaks home has an amazing one, and
you MUST see it in person to appreciate the beauty. This
choice property, features 2.56 acres, 2891 sq/ft, 4 Bedrooms +
Bonus room + Office, custom tile/hardwood floors in the main living
areas, a stamped rock pool, (with 2 waterfalls and a grotto,) a
great room with double french doors leading to the entertainer's
back yard, (including a built in in BBQ/bar,) custom concrete work,
+/-50 trees (including citrus and pomegranate,) a wine room, custom
showers, multiple balconies to take advantage of the breath taking
views, and a bedroom that features a private exterior entrance.
There are some may other features that you need to witness to
fully understand:) Make an appointment to view today.
Unit Size
2,891 Ft²
Days on Market
191 days
Land Size
2.56 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
$47
Year Built
1980
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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 #SW17220195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Sep 23, 2017 | Listed by Elite Properties Direct | $799,000 | |
| Listed by Elite Properties Direct | |||
Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
HOA + Taxes
About Riverside
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Listed by: Cale Thomas, Elite Properties Direct
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17220195
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17220195
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