42142 Veneto Drive
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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 |
|---|---|---|---|
| Aug 12, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $350,000 | |
| Listed | |||
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In central Temecula. A unique, contemporary home, features 4 bed/2.5 baths, extra long driveway. (Brand NEW Carpet). Master bedroom w/walk-in closet/very large master-bath area. Separate laundry room on second floor. Formal living and separate dining room. Cozy fireplace in family room. Tile in entry and kitchen. Kitchen has island and plenty of cabinets for storage. Located in the incredible Sycamore Creek gated community with pool/spa/tot park, patrolled security, and front lawn maintenance. Within walking distance to top rated Temecula Elementary/Margarita Middle School. Close to: Temecula Town Center, Tower Plaza Center, Palomar Village, Temeku Hills Golf Club, Temecula Duck Pond, Ronald Regan Sports Park, Fwy 15. (YouTube: https://www.youtube.com/watch?v=JjEQz9SWHhY&feature=youtu.be)The manager has listed the unit size as 1985 square feet.
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| Jul 3, 2017 | Listed by Realty One Group Inc | $350,000 | |
| Listed by Realty One Group Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017