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40294 Mimulus Way
About This Property
The home features a 2-car garage and a spacious backyard designed for enjoying Southern California living. Take a dip in the stunning pool, relax under the covered patio, or create your own outdoor entertaining space, the backyard offers plenty of possibilities for gatherings, relaxation, and year-round enjoyment.
Conveniently situated in a desirable Temecula community, residents can also enjoy community amenities including pools, parks, and sports courts. Full of potential and ready for its next owner, come see everything this home has to offer!
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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 4, 2026 | Sold | ||
| Sold | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by RE/MAX TIME REALTY | $629,999 | |
| Listed by RE/MAX TIME REALTY | |||
| Aug 14, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Big Block Realty | $419,000 | |
| Listed by Big Block Realty | |||
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Remodeled Home with POOL/SPA, SOLAR INCLUDED, MAIN LEVEL MASTER BEDROOM!! You don't want to miss out on this North Temecula home in the Roripaugh Hills community. 1487 sq. ft w/ 3 bedrms, 2 ½ baths, upstairs bonus rm & Sunroom. This move in ready home is light & bright w/ updated features throughout including: New Windows, Updated HVAC, New Flooring, New Paint, New Kitchen Countertops, New Lighting, New Bathroom Features & Much More! Enjoy the Temecula weather in your expansive Sun Room or swim in your Pool & Spa. Plus, No need to fret about energy usage with a FULLY PAID OFF SOLAR system included. This home is Centrally Located within walking distance to Chaparral High School, neighborhood parks, tennis courts, community Pool as well as just around the corner from Temecula's Promenade Mall w/ all the shops and restaurants. Easy 15 Fwy Access.
Come View this home right away it won't stay on the market long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017