40293 Balboa Drive
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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Relisted | $750,000 | |
| Relisted | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Listed by ERA Donahoe Realty | $750,000 | |
| Listed by ERA Donahoe Realty | |||
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Seller offering credit toward buyer’s interest rate buy down or closing costs! Welcome to this beautifully maintained two-story home, perfectly positioned on a desirable corner lot in the sought-after Harveston community—just steps from the lake! Freshly painted on the exterior, this 4-bedroom, 2.5-bath residence also includes a versatile downstairs office that can serve as a 5th bedroom, offering both flexibility and curb appeal. Step inside to find luxury vinyl plank flooring and plantation shutters throughout, creating a warm and inviting ambiance. The spacious, upgraded kitchen features quartz countertops, ample cabinetry, a center island with pendant lighting, a farmhouse sink, and a walk-in pantry—ideal for everyday living and entertaining. The kitchen opens seamlessly to the cozy family room with ceiling fan and fireplace, while a separate formal living room and dining room provide additional space for gatherings. A convenient half bath completes the first floor. Upstairs, the primary suite is a peaceful retreat with an upgraded bath boasting dual sinks, an extended shower, and a generous walk-in closet. Two additional bedrooms and a full bath round out the second level. The laundry area is thoughtfully located off the garage for easy access. Additional upgrades include a QuietCool whole house fan for energy savings. Outside, enjoy a private side patio with alumawood cover—perfect for outdoor dining or relaxing. An attached two-car garage completes this well-cared-for home. Harveston is one of Temecula's most desirable communities, favored by so many for the amenities, olympic sized community pool and splash pad, sports parks, easy commuting, shopping, Ysabel Barnett Elementary and Chaparral High School, and of course the LAKE activities! Close to wine country, Promenade Mall, Old Town Temecula, and the 15 Freeway, come and see why Harveston is at the top of the list for buyers looking for communities to live in Temecula!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017