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22601 Sheffield Drive
About This Property
Located in the desirable northern Moreno Valley area, this home benefits from a welcoming, family-oriented community known for its suburban feel and access to parks and outdoor recreation. Residents enjoy nearby green spaces like Sunnymead Park, along with convenient access to shopping, dining, and everyday amenities just minutes away. Moreno Valley offers a diverse and vibrant community with a mix of cultures, strong neighborhood pride, and a variety of local attractions, while still maintaining a more relaxed pace of life. The area is served by the Moreno Valley Unified School District, one of the largest in Riverside County, providing a wide range of educational options. With its proximity to major freeways and location within the Inland Empire, the city also offers convenient access to Riverside, Los Angeles, and surrounding employment centers.
Outside, enjoy a spacious backyard complete with a pool and spa-perfect for relaxing or hosting gatherings-along with plenty of patio space and privacy. With its inviting curb appeal, recent upgrades, and prime location in a growing and well-connected community, this home is an exceptional opportunity in Moreno Valley. Call your Realtor to schedule a tour and make an offer today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| Apr 13, 2026 | In contract | - | |
| In contract | |||
| Apr 11, 2026 | Price Decreased |
$649,950
↓ $20K
(3%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by eXp Realty of California Inc | $669,950 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
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About Moreno Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017