44402 Katie Court
About This Property
The home features four bedrooms, an upstairs loft, and an open-concept kitchen and family room. Upon entry, you're greeted by a beautifully appointed den/office and a formal dining area enhanced with custom-built-in cabinetry. The kitchen is a chef's delight, showcasing a large center island, upgraded white cabinetry, granite countertops, a 5-burner cooktop, double ovens, and a walk-in pantry. The adjoining family room, complete with a cozy fireplace, provides the perfect space for relaxing or gathering with loved ones.
Upstairs, you'll find a generous loft, four well-sized bedrooms, and a convenient laundry room with ample cabinetry. The oversized primary suite opens to a private deck where you can take in sweeping panoramic mountain views and enjoy watching hot air balloons drift over Temecula Wine Country. The primary en-suite bath features dual vanities and a luxurious jetted soaking tub.
Upgrades throughout the home include fresh paint, raised baseboards, custom stair railings, a Quiet Cool whole-house fan, and a reverse osmosis water filtration system. Additional highlights include a three-car tandem garage and rain gutters.
The expansive backyard is truly a showstopper, offering a sparkling pool with a raised spa, BBQ area, fire pit, and plenty of space for outdoor entertaining. A new pool heater and pump were recently installed, making this backyard ready for year-round enjoyment.
Located within the highly sought-after Temecula Valley School District and Great Oak High School boundaries, this home is just minutes from shopping, dining, entertainment, championship golf courses, Temecula Wine Country, and Old Town Temecula. This exceptional home is a must-see and belongs at the top of your list.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017