40780 Carmelita
About This Property
The 2,458 sq. ft. home features 4 bedrooms plus a spacious bonus room that can easily serve as a 5th bedroom, office, media room, or flex space. The light-filled interior offers laminate flooring, plantation shutters, dual-pane windows and sliders, and a welcoming fireplace.
The updated kitchen features white cabinetry, sleek countertops, breakfast bar, and built-in workstation, opening to the dining and living areas. The spacious primary suite offers a walk-in closet, dual vanities, soaking tub, and separate glass-enclosed shower.
A standout feature is the detached approximately 300 sq. ft. casita, complete with its own bathroom, kitchenette, and washer/dryer-perfect for guests, multigenerational living, private office, fitness studio, or creative space.
Outside, enjoy your own private resort! The backyard features a saltwater pool and spa, built-in BBQ, covered patio, putting green, lush landscaping, and spectacular sunset views-ideal for entertaining or relaxing.
Energy efficiency and value come together with paid whole-house solar. A long private driveway leads to an oversized 3-car garage with abundant parking and storage, plus room for RVs, boats, or additional vehicles. Tesla Wall Connector included.
Meadowview amenities include community pools, spa, clubhouse, pickleball and tennis courts, basketball courts, equestrian facilities, playgrounds, and miles of scenic walking and riding trails. Conveniently located near Temecula Wine Country, shopping, dining, and award-winning schools.
Single-story • 0.55-acre corner lot • Detached casita • Paid solar • Saltwater pool & spa • Oversized 3-car garage • RV/boat parking • Mountain & sunset views • Meadowview
Seller willing to negotiate w Buyer for rate buy down. Don't miss the opportunity to make this exceptional Meadowview property your own!
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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 16, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Price Decreased |
$1,250,000
↓ $20K
(1.6%) | |
| Price Decreased | |||
| Sep 10, 2026 | Price Decreased |
$1,270,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Aug 16, 2026 | Price Decreased |
$1,275,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$1,299,988
↓ $15K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017