Must See In Person! Beautiful 4,046 sqft Morgan Hill Home! Walking
distance to Clubhouse Pool & Amenities, Top South Temecula Schools,
and Neighborhood Trails. This 5-bed, 4-bath, 3-car garage home has
all the space you need. An elegant formal living and formal dining
room welcomes you. Throughout the home you'll find luxury vinyl
plank wood floors, window shutters, modern light fixtures, new
carpeting, and tile floors in all bathrooms. The kitchen is grand
w/the entire family room and daily dining area combining to create
an open-concept space. Featuring high-end stainless-steel
appliances and a range hood, an island w/breakfast bar, granite
counters and backsplash, a walk-in pantry plus separate
pass-through butler's pantry, lots of cabinets, and an accessory
desk area at the heart of it all. The backyard is peaceful,
private, and spacious – with lush new grass installed in September.
A well-built retaining wall highlights a nicely landscaped slope.
You'll love the trees, bushes, mature palms, and manicured yard
which provides natural privacy and a relaxed ambience. Two covered
patios w/ceiling fans are ready for your enjoyment. The side yard
is large, too! Back inside you've got a Downstairs Bedroom and
Downstairs Full Bathroom. Plus, an inside laundry room w/utility
sink and cabinets for storage. Upstairs is a Gigantic & Versatile
Bonus Loft that will not disappoint! Do you want an upstairs family
room? Homeschool zone? Game room? Theatre? Gym? An additional
bedroom suite? What works best for you? The Primary Bedroom Suite
is large and features a huge walk-in closet and an extra coat
closet. The Primary Ensuite Bathroom is spacious and includes a
soaker tub with separate shower, lots of counter and cabinet space,
his and her sink vanities, and a makeup station. Three more
upstairs bedrooms are generous in size, with two of them sharing
Direct Access to a Jack and Jill Bathroom - families love this!
Surrounded by scenic foothills, residents of Morgan Hill enjoy a
private clubhouse with swimming pools, spa, tennis courts, fitness
center, game room, two ballrooms and outdoor fireplace lounge. Plus
access to highly acclaimed schools and parks, excellent shopping
and entertainment, and notable golfing. And of course, just minutes
from award winning wineries, fine dining, Old Town Temecula, and
Pechanga Resort & Casino. Don't let this home pass you by!
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.
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