44781 Bananal Way
About This Property
Step inside to discover a sparkling private swimming pool, perfect for enjoying sunny Southern California days. The heart of the home, a fully remodeled open-concept kitchen, is a chef's dream. With modern shaker cabinets, a stylish eat-up bar with quartz countertops, updated stainless steel appliances, and a chic subway tile backsplash, it's designed for both everyday living and effortless entertaining. The open floor plan on the main level creates a seamless flow from the living room to the dining area and breakfast nook, providing plenty of space for family gatherings or cozy evenings at home. A versatile bonus room on the main floor offers flexibility to serve as a bedroom, office, playroom, or whatever suits your needs.
The home has been thoughtfully upgraded with contemporary touches throughout, including warm grey tones, crisp white accents, and warm-tone laminate wood flooring that enhances the overall ambiance. The primary bedroom is a true retreat, featuring a west-facing balcony that captures breathtaking Temecula sunset VIEWS-perfect for unwinding after a long day. The en-suite bathroom is spa-like, offering a walk-in closet and luxurious finishes to complete the experience.
Nestled in the heart of South Temecula, this property is not just a home but a gateway to a vibrant community. Enjoy proximity to top-rated schools, scenic parks, and the charm of Old Town Temecula with its boutique shopping, fine dining, and year-round events. For wine enthusiasts, the renowned Temecula Wine Country is just a short drive away, offering a taste of world-class wines and picturesque vineyards. This home is more than a place to live-it's a lifestyle waiting to be embraced.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Relisted | $750,000 | |
| Relisted | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by The Avenue Home Collective | $750,000 | |
| Listed by The Avenue Home Collective | |||
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About Vail Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017