WELCOME to this beautifully designed home located in the
sought-after gated community of Rancho Soleo in South Temecula.
Step inside to experience the perfect blend of elegance, warmth,
and modern comfort. Built in 2020, this 3-bedroom, 3-bathroom home
offers 2,356 square feet of bright, open living space that
beautifully balances style and functionality. At the heart of the
home is a spacious kitchen featuring stainless steel appliances,
sleek granite countertops, a large center island, and a pantry with
a frosted glass door. The kitchen seamlessly connects to the
open-concept dining and living areas, where tall ceilings and
durable vinyl plank flooring create an inviting atmosphere ideal
for entertaining or relaxing with loved ones. Downstairs includes a
private primary bedroom with a full bath-ideal for multi-gen living
or guests-plus a convenient powder room. Upstairs, a generous loft
offers a cozy second living space, along with two additional
bedrooms and a well-appointed laundry room with plenty of storage.
Each bedroom is great closet space throughout. This home is built
with sustainability and convenience in mind, featuring fully paid
solar panels, a tankless water heater, electric vehicle charging
outlet, and two separate one-car garages-both finished with epoxy
floors and overhead storage. The low-maintenance yard is complete
with premium artificial turf, offering year-round greenery without
the upkeep. Enjoy resort-style living with access to a sparkling
community pool and spa, clubhouse, dog park, and nearby Friendship
Park-all within walking distance. There is also potential for an
assumable VA loan-approx. $603,000 at just 2.5% interest, offering
a significant savings opportunity for eligible buyers. Located
minutes from Great Oak High School, Pechanga Casino, Old Town
Temecula, and renowned Temecula wineries, this home is more than
just a place to live, it's a lifestyle! Come and experience what it
truly means to feel at home!
Unit Size
2,356 Ft²
Days on Market
155 days
Land Size
0.09 acres
Price per sqft
$303
Property Type
Condo
Property Taxes
-
HOA Dues
$188
Year Built
-
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Cap Rate Calculator
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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.
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