$435,000
●
House -
Off Market
41176 Promenade Chardonnay
Temecula, CA 92591
4 Beds
3 Baths
1,964 Ft²
$659,534
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
As you enter 41176 Promenade Chardonnay you are greeted with plush
carpet and a soaring ceiling. To the right of the staircase is a
bathroom, laundry room and downstairs bedroom. Adjacent to the
staircase you'll discover the tiled open kitchen with a
transitional dining and living area that features a lovely
fireplace. The cascading windows in this room bring in a lot of
light and the sliding glass doors open directly into the gorgeous
backyard. Directly upstairs the French doors open up to the master
suite with separate tub, step in shower and dual sinks. Down the
hall from the master are two generously sized bedrooms with
mirrored closet doors and a bathroom that hosts another set of dual
sinks. The covered patio is the perfect addition to this home.
Unit Size
1,964 Ft²
Days on Market
104 days
Land Size
0.17 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
1997
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW19133521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | No longer available | - | |
| No longer available | |||
| Jun 6, 2019 | Listed by Redfin Corporation | $450,000 | |
| Listed by Redfin Corporation | |||
| May 19, 2019 | Price Decreased |
$474,900
↓ $5K
(1%) | |
| Price Decreased | |||
| May 2, 2019 | Listed | $479,900 | |
| Listed | |||
| | |||
|
As you enter 41176 Promendade Chardonnay you are greeted with plush carpet and a soaring ceiling. To the right of the staircase is a bathroom, laundry room and downstairs bedroom. Adjacent to the staircase you'll discover the tiled open kitchen with a transitional dining and living area that features a lovely fireplace. The cascading windows in this room bring in a lot of light and the sliding glass doors open directly into the gorgeous backyard. Directly upstairs the french doors open up to the master suite with separate tub, step in shower and dual sinks. Down the hall from the master are two generously sized bedrooms with mirrored closet doors and a bathroom that hosts another set of dual sinks. The covered patio in the backyard is the perfect addition to this 2284 square foot home. The manager has listed the unit size as 1964 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Margarita Village - Temeku Hills
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Listed by: Elisa Hammer, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19133521
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19133521
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