$450,000
●
House -
Off Market
40328 Balboa Drive
Temecula, CA 92591
3 Beds
2 Baths
1,866 Ft²
$677,133
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Great beginnings await you, desirable Harveston Community! This
SINGLE STOTY home can be yours if you hurry; 3 Bedrooms, Two Full
Baths, Living Room with Fireplace, Dining Room, Inside Laundry, Two
Car Garage, Back Yard for Entertaining, Patio Cover and Mature Lush
Landscaping. This rare floor hardly ever comes available in this
neighborhood. High ceilings throughout create a luminous effect.
This beauty has all the upgrades, bells and whistles. Amenities
include a stunning waterfront pool with spa and cabanas, a
clubhouse with meeting rooms, outdoor cooking BBQ area, a paddle
boat and fishing lake, jogging/walking paths, playgrounds, a sports
park, and endless opportunities for fun & recreation. Enjoy
award-winning Temecula schools, parks, shopping, dining,
entertainment, wineries, and famous Old Town. If first class is
your way of life, you've just found your new home.
Unit Size
1,866 Ft²
Days on Market
75 days
Land Size
0.10 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
$95
Year Built
2005
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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 #EV19058940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2019 | Sold | ||
| Sold | |||
| Mar 14, 2019 | Listed by FARNAM & ASSOCIATES REAL ESTATE | $459,000 | |
| Listed by FARNAM & ASSOCIATES REAL ESTATE | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Beds
Baths
ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About Harveston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: SCOTT FARNAM, FARNAM & ASSOCIATES REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19058940
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19058940
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