40636 Chantemar Way
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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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Relisted | $749,900 | |
| Relisted | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by First Team Real Estate | $749,900 | |
| Listed by First Team Real Estate | |||
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BACK ON THE MARKET NOW WITH LOWER INTEREST RATES!
SINGLE STORY POOL HOME in the HEART of Temecula! This lovely home has been completely remodeled with a bright kitchen, large shiplap island for entertaining, barn door pantry, custom wood beams, Roman shade, wine fridge, stainless steel hood, stainless steel appliances and farm sink, Italian stacked stone backsplash, pot filler and sleek black quartz countertops. Enjoy the tranquility of a formal living and dining room that offers some separation for those cherished Holiday dinners or quiet conversations away from the crowd. Open concept Family Room/ Dining area is open to the adjacent kitchen where everyone gathers. Step outside into your entertainers backyard with lagoon style POOL AND SPA and unique upper deck that overlooks the pool area. Set up your projector and watch movies under the stars in the privacy of your own oasis! 4 bedrooms and 2 completely remodeled bathrooms! Secondary bathroom has been upgraded to a beautiful neutral color scheme with glass subway tile backsplash, subway tiled tub/shower, new paint, new bathtub, new toilet, new vanity, new mirrors, new lighting, new flooring and new fixtures. Primary suite is generous in size and has a SEXY SPA-like bathroom with modern yet neutral decor, elegant Italian marble tiled tub and shower area, floating soaker tub, large floating black vanity with gold accents, mirrors, lighting, new flooring, new toilet and fresh paint. Be the first to bathe in this luxurious bathroom after a relaxing day sitting pool side. This beautiful home is carefully crafted with 10 foot ceilings, arched doorways and 8 foot doors. Chantemar Way has a wonderful layout that also offers privacy between neighbors in a great location while providing easy access to the freeways for commuters. Rarely ever the need for AC! This home is energy efficient and maintains temperatures even when outside temps are into the 90's. But just in case you do need AC, have comfort in knowing you are Saving $$$ with your energy producing solar panels. Take over low $200 payments and never pay an electric bill. AND Convenience at its finest! Take in a pre-dinner stroll over to the park and then to your favorite restaurant without even starting your car! All with LOW TAXES, No HOA, Affordable Solar and commuter friendly. You don't want too miss it! Get on the schedule now! Subject to Cancellation of current escrow. No fault of sellers or home, buyers could not perform. OPPORTUNITY KNOCKS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017