40499 Clear Light Road
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Feb 21, 2019 | Listed by Pacific Sotheby's Int'l Realty | $445,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Oct 17, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $429,900 | |
| Listed | |||
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Temecula, pebble-tech Pool home, located close to Margarita rd, Promenade Mall and within a short distance from Rancho Elementary School, Margarita Middle School and Temecula Valley High. This 4 bedrooms, 2 and half bathroom home, 2 car garage pool home, offers a private back yard with mature trees, if you have a dog this will be their heaven since there is a well built dog house, & a comfortable dog run with synthetic grass all separately fenced in with black chain link fencing, looks very nice! The property has been fenced in with white maintenance free vinyl fencing, stamped concrete, surrounding the pool with a solid concrete coping, great fire pit to gather around it during the cool night, there is a good amount of raw land that could be used as your family garden, which is cross fenced and out of the way, so not to compromise the back yard usability. Downstairs bedroom has wood laminate flooring, family room with cozy fireplace , kitchen and dining room features staggered large tile flooring. The double leaf French door opens up to the back yard and the free form pool & hot tub, serene & private back yard for your family/friends gathering.SUPER LOW TAXES ONLY $559.98 ANNUAL SPECIAL ASSESSMENTS AND 1.05157% TAX BASE. The manager has listed the unit size as 2050 square feet.
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About Temecula
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017