Listed by: Lawrence Slusser, Rise Realty
$721,500
●
House -
Off Market
43490 Corte Almeria
Temecula, CA 92592
4 Beds
3 Baths
1,525 Ft²
$3,656
Est. Monthly
$125
HOA / Fees
5.55%
Cap Rate
About This Property
Turn-key home on premium lot. This charming two-story home is
nestled perfectly on a cul-de-sac in the Paloma Del Sol community
with no direct neighbors to the right or behind the home. Former
model home. The primary bedroom has a lovely view of the peaceful
walking paths which meander through the community. 4 bedrooms, 3
baths with one full bath and bedroom downstairs. Beautiful
woodgrain tile flooring, upgraded baseboards and recessed lighting
throughout, window blinds and mirrored wardrobe doors. Spacious
living room, comfortable kitchen with nook and new appliances.
Two-car garage has built-in storage. The extra-large private
backyard boasts a covered patio, brick pavers, beautiful landscape,
storage shed and vinyl side fencing. BONUS: this property includes
approved plans for a 393 sf ADU (Accessory Dwelling Unit) which can
be built on the large side yard. Amenities in the Paloma Del Sol
community include playgrounds, parks, 5 pools and spas, club house,
walking paths, basketball and tennis courts. Close to shopping,
great Temecula schools and entertainment nearby.
Unit Size
1,525 Ft²
Days on Market
33 days
Land Size
0.15 acres
Price per sqft
$471
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
1994
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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: 3 years ago (CRMLS #SW24152601)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Rise Realty | $719,000 | |
| Listed by Rise Realty | |||
| May 4, 2022 | No longer available | - | |
| No longer available | |||
| Apr 14, 2022 | In contract | - | |
| In contract | |||
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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
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Baths
ft²
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About Paloma del Sol - Paseo del Sol
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Listed by: Lawrence Slusser, Rise Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24152601
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24152601
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