40498 Calle Madero
About This Property
Inside, the floor plan provides both formal and casual living areas, including a generous family room with fireplace and a well-appointed kitchen with ample storage. The primary suite offers a retreat-like layout with en-suite bath, while secondary bedrooms provide flexibility for family, guests, or home office needs.
Outdoors, the entertainer's backyard features a built-in kitchen and spacious patio-perfect for gatherings. The lot also offers flat, usable space with opportunities to add a pool, create a garden, or design your own outdoor amenities.
As part of the Meadowview community, residents enjoy access to approximately 360 acres of open space with scenic trails, two swimming pools, a clubhouse, equestrian facilities, tennis and pickleball courts, and more. All within minutes of Temecula's award-winning wineries, dining, and shopping.
This property presents a rare chance to enjoy the best of Meadowview living with ample space inside and out.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Compass | $1,275,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017