$480,000
●
House -
Off Market
40358 Salem Way
Temecula, CA 92591
4 Beds
2 Baths,
1
Half Bath
2,443 Ft²
$730,843
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
This home contains one of the most desirable floor plans in the
community of Harveston. Beautiful, turnkey ready featuring 4
bedrooms plus a private casita and courtyard. The open kitchen
contains under cabinet lighting, granite slab countertops, and
upgraded cabinetry. The flooring throughout the home is high end
Italian designer tile and Berber carpet plus new wood laminate
installed on stairs. The backyard is fully landscaped with concrete
slab patio and solid aluma-wood patio cover. The home contains many
other features such as crown molding, tandem 3 car garage with
epoxy coating, upstairs laundry room, his and hers walk-in closets
in the Master Bedroom, and 2" wood blind window coverings.
Harveston community has much to offer including 17 acre lake,
junior Olympic swimming pool, spa, multiple playgrounds, walking
trails, banquet facilities, lakefront amphitheater, splash park,
and a boathouse with paddle boat rentals. You're also located just
minutes away from shopping, dining, and easy access to the 15
freeway. This homem is a great example of Temecula living at its
finest. Don't Forget To Check Out The Digital Tour.
Unit Size
2,443 Ft²
Days on Market
33 days
Land Size
0.12 acres
Price per sqft
$196
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 #SW18078641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2018 | Sold | ||
| Sold | |||
| Apr 7, 2018 | Listed by Allison James Estates & Homes | $479,999 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harveston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kimberly Ingram, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18078641
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18078641
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