45683 Caminito Olite
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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%.
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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 21, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 5, 2025 | Listed by ERA Donahoe Realty | $899,000 | |
| Listed by ERA Donahoe Realty | |||
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Discover this beautifully updated 5-bedroom, 3-bath pool home in the desirable Redhawk neighborhood of Rancho Palomar. This home is where Temecula lifestyle meets luxury and value being one of the lowest HOA and tax rate neighborhoods in Redhawk. Pride of ownership abounds in this open-concept living residence, offering owned solar, modern upgrades, high ceilings, and abundant natural light throughout. Step into a remodeled kitchen that will impress even the most discerning buyers with white shaker soft close cabinetry, quartz countertops, a modern range hood, gorgeous designer backsplash, floating shelves, stainless steel appliances and a large island open to the family room with a built in microwave, ideal for entertaining and everyday living. The home showcases LVP flooring, plantation shutters, neutral paint, brand new carpet in the bedrooms, and a bright, airy feel. Upstairs through a grand double door entry you will find a spacious primary suite which boasts vaulted ceilings, natural light, dual closets, and a 5 piece en-suite with a walk-in shower, double sinks, and a separate makeup vanity. The remaining three bedrooms with brand new carpet are just down the hall as well as a shared bath with a double sink vanity, plus a flex/loft room that can easily serve as a 6th bedroom, home gym, playroom, or theater for movie nights at home. Back downstairs you will find another full bedroom and full bath, perfect for multi-generational living, guests, or a home office. Enjoy parking your cars in an epoxy-finished 3 car garage with an EV charger, modern workspace, and storage. The large and spacious backyard offers room to relax or entertain with a heated pool that was resurfaced and retiled 1 year ago with a StoneScapes Pebble lifetime warranty, spa, new pool equipment, Crepe Myrtle trees, and a lush green lawn perfect for mini soccer games, backyard BBQ entertaining, or even a volleyball court. The manicured front yard exudes curb appeal, with low upkeep! Located minutes from the I-15 freeway in the desirable South Temecula area, this home offers an easy commute to San Diego or Orange County, making it perfect for buyers seeking more space, top-rated schools, and a high-quality lifestyle with nearby amenities. Zoned for the acclaimed Great Oak High School, and close to shopping, dining, Temecula Creek Inn, the Redhawk Golf Course, Pechanga, Old Town, and Temecula’s famous wineries, this home is well appointed and ready for holiday entertaining!
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| Jul 17, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Realty ONE Group Southwest | $550,000 | |
| Listed by Realty ONE Group Southwest | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017