43184 Corte Montilla
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Jan 29, 2019 | Listed by Allison James Estates & Homes | $429,000 | |
| Listed by Allison James Estates & Homes | |||
| Nov 19, 2018 | No longer available | - | |
| No longer available | |||
| Aug 2, 2018 | Listed | $435,000 | |
| Listed | |||
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Beautiful 2-story home, on a quiet cul-de-sac, in the pride-of-ownership neighborhood of Paloma Del Sol. Low Taxes and Low HOA. Interior is light and airy and offers almost 2,000 sf. of living space, including 4 bedrooms, 3 full bathrooms, plus a family room. As you first enter, the welcoming living-dining area has cathedral ceilings and to the left a bedroom next to a full bathroom, ideal for multi-generation living. The kitchen showcases stainless steel appliances, plenty of counter surface area and lots of cabinet storage space. Family room features a cozy fireplace and has a sliding glass door to the backyard for ease of outdoor entertaining. The second floor offers 3 more bedrooms including the master bedroom with the largest secondary bedroom facing the front of the home. Relax in the private master bedroom which has vaulted ceilings, updated master bathroom and overlooks the backyard. Perfect for gatherings is the backyard with a covered patio and grass area. Extra features include ceiling fans, built-in cabinets, tile flooring and additional storage areas. Community amenities include swimming pools and spas, various parks, tot-lots, basketball and tennis courts and BBQ grilling areas. Enjoy the convenience of being in the heart of Temecula within minutes to famous Wineries, shopping destinations, Old Town, Pechanga Resort and Casino. Within the high achieving Temecula school district. Great opportunity to own on a nice area! The manager has listed the unit size as 1956 square feet.
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About Paloma del Sol - Paseo del Sol
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$5,500 /mo
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$3,549 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017