40880 Via Media
About This Property
Split level home with a 3 level deck that spans the length of the house & offers easy access to the back yard. Incredible sunset and city views! Main floor and bedrooms on separate levels. Cul-de-sac home in a rural setting. Needs some TLC, great for handy man or contractor that wants a great investment. Easy access RV parking. Large 19,166 sqft lot plenty of room for animals, fruit trees & vineyards. Minutes from anything Temecula has to offer! The Meadowview community offers many miles of horse, hiking, or biking trails.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 7, 2021 | In contract | - | |
| In contract | |||
| Mar 3, 2021 | Listed | $775,000 | |
| Listed | |||
| | |||
|
Gorgeous updated home in the renowned Meadowview community. 3 bedroom 2.5 bath plus an office with option to add on footage. PAID OFF solar. 3 car garage. Ceiling fans in rooms. Heating and air on phone app for ease. Updated kitchen with new cabinets, counter tops, apron sink and subway tile backsplash. Very modern look throughout home. Tankless water heater. 3 decks off the back overlooking the beautiful landscape. Large turfed level yard below. At end of a culdesac **Professional photos coming** The manager has listed the unit size as 1861 square feet.
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| Nov 20, 2017 | Sold | ||
| Sold | |||
| Sep 7, 2017 | Listed by Keller Williams Realty-TVMC | $465,000 | |
| Listed by Keller Williams Realty-TVMC | |||
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About Temecula
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017