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Map
Video Tour
$450,000
●
House -
Off Market
43870 Butternut Drive
Temecula, CA 92592
3 Beds
2 Baths,
1
Half Bath
2,245 Ft²
$713,691
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
GEEESH....Is it just me or is it HARD TO FIND a SINGLE STORY home
in Temecula that is at least 2,200sf and under $450,000? I
just looked on the MLS, and there are ZERO listings that fit this
match...WELL, THAT IS...UNTIL NOW...Check out this SINGLE STORY
home in the Summit of Rancho Highlands community on the west side
of Temecula. Perfectly located between Temecula Parkway and
Rancho California Road, this home is just a few turns from jumping
on the Freeway so you can commute to San Diego (if you're into that
sort of thing). Great community and location, near Old Town
Temecula, Pechanga Resort & Casino, and plenty of shopping and
restaurants. This home is in great shape and is ready for a
new owner. Great flow and layout to the house, you're gonna
love it. Be sure to check out the Virtual Tour Link below and
take a 360 degree spin around the inside of the home (truly tricked
out technology, it's amazing).
Unit Size
2,245 Ft²
Days on Market
36 days
Land Size
0.21 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1989
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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: 5 months ago (CRMLS #SW17213156)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by Realty ONE Group Southwest | $449,000 | |
| Listed by Realty ONE Group Southwest | |||
Property Highlights
Air Conditioning
Fireplace
With View
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 Rancho Highlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: John Butler, Realty ONE Group Southwest
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17213156
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17213156
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