$349,000
●
Land -
Off Market
42951 Via Valencia
Temecula, CA 92592
Studio
0 Bath
$546,611
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Santiago Estates Lot for Sale with Amazing Mountain Views, it
features Double Graded Pads, the Lot is located in the heart of
Temecula. Ready to Build your Home, it has a water meter, natural
gas and electric stubbed to lot. On Private, paved street in
a Low Tax Rate area.
Unit Size
-
Days on Market
107 days
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2020
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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 #CV18012788)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by Rancon Real Estate-Murrieta | $379,000 | |
| Listed by Rancon Real Estate-Murrieta | |||
 | |||
|
AMAZING CHAPARRAL RANCHOS VIEW LOT. ENJOY YOUR QUIET SERENE VIEWS OF THE FOOTHILLS AND SOUTHERN PALOMAR RANGE.BUILD YOUR OWN CUSTOM DREAM HOME ON THIS LEVEL PAD WITH ACCOMPANYING SECOND PAD FOR A GARAGE OR SECOND HOME. PRIVATE PAVED ROAD UP TO DRIVEWAY. WATER METER AT PROPERTY. GAS STUBBED UP TO EDGE OF PROPERTY. ELECTRICAL BOX WITH CONDUIT AT PROPERTY JUST NEEDS SERVICE PULLED. SPLIT RAIL FENCING. THIS LOT HAS THE FEEL OF BEING WAY BACK IN THE COUNTRY BUT IS JUST MINUTES FROM SHOPPING, SCHOOLS, AND THE FREEWAY. LOW TAX RATE. THIS IS A TRUE GEM OF A LOT.
| |||
| May 4, 2018 | Sold | ||
| Sold | |||
| Jan 17, 2018 | Listed by CONCORD REALTY | $359,000 | |
| Listed by CONCORD REALTY | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
Price/ft²
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Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Los Ranchitos
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Listed by: RAMON SANCHEZ, CONCORD REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV18012788
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV18012788
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