ActiveResidential · sale

20692 Cashew Street

Wildomar, CA 92595

$765,000

  • 4 beds
  • 3 baths
  • 1,943 sq ft
  • 0.46 acres
  • Built 1986

Listed by Century 21 Masters · MLS #SW26166806

20692 Cashew Street, Wildomar, CA 92595 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1986.

Garage parking

2 garage spaces listed.

Property size

0.46 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Come and check out this rare almost onehalf acre horse property with NO HOA ultralow taxes and endless possibilities Whether youve dreamed of creating your own mini ranch need room for RVs and recreational toys or simply want space to spread out this property delivers Horses are permitted subject to local guidelines small farm animals are allowed and theres ample room for an RV boat horse trailer workshop possible ADU Buyers to verify with the City pool gardens or just about anything else that fits your lifestyle Unfortunately opportunities like this one are becoming increasingly more and more rare From the moment you arrive youll appreciate the charming covered front porch that welcomes you home Mature shade trees multiple outdoor sitting areas and a large covered patio create the perfect setting for relaxing evenings family gatherings or entertaining friends while enjoying the peaceful surroundings Existing amenities include a small corral workshoptack shed and additional storage sheds that add even more functionality to this exceptional property Inside the home offers a spacious and highly functional floor plan offering the perfect opportunity to update the home and personalize it to your own style The dramatic entry opens to a generous Living and Dining Room combination while the Kitchen and Family Room look out onto the expansive backyardan ideal place to enjoy the beautiful outdoor setting every day A downstairs bedroom and full bath provide excellent flexibility for guests extended family or a home office while the upstairs features a spacious primary suite along with two additional bedrooms Located close to schools shopping and everyday conveniences this property offers the perfect combination of countrystyle living with city convenience Best of all youll enjoy NO HOA and exceptionally low property taxes with only approximately 41yr in special assessments Properties offering this much usable land flexibility and potential are becoming increasingly difficult to find Whether youre looking to create your dream ranch property build an ADU add a resortstyle pool or simply enjoy the freedom that comes with owning nearly onehalf acre this is an opportunity you wont want to miss
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THE NEIGHBORHOOD

Explore the location.

20692 Cashew Street, Wildomar, CA 92595

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1986
Full baths
3
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Disposal,GasOven,Microwave,Refrigerator,WaterHeater
Flooring
Carpet,Wood
Utilities
ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected
Pool
No
Pool features
None
Spa
No
Parcel
367371010
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,187.50
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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20692 Cashew Street, Wildomar, CA 92595 · MLS #SW26166806

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Listing information

MLS #SW26166806 · California Regional MLS

Listing brokerage: Century 21 Masters
Listing agent: Gregory Allen

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.