$406,000
●
House -
Off Market
23222 Joaquin Ridge Drive
Murrieta, CA 92562
3 Beds
2 Baths
1,553 Ft²
$553,233
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Views for miles from your backyard. This home has been updated with
laminated flooring, new paint, new front door, new garage door. New
light fixtures, new appliances, new trim and base boards. This
super cool house is set up with 2 bedrooms downstairs and a
loft/bedroom upstairs. Every detail has been carefully thought out
from the updated stone fireplace with custom iron screen to the
wine barrel chandeliers. Bathrooms and kitchen have been updated.
Inside is beautiful and outside is the bow on top. See for miles
from your own low maintenance back yard. Create many memories with
family and friends while you inhale that view.
The neighborhood comes with a pool and spa so you can cool down on a hot day. This is a popular area with Bear Creek Golf club down the street and just minutes from a popular local hiking hot spot. Act fast!
The neighborhood comes with a pool and spa so you can cool down on a hot day. This is a popular area with Bear Creek Golf club down the street and just minutes from a popular local hiking hot spot. Act fast!
Unit Size
1,553 Ft²
Days on Market
21 days
Land Size
0.12 acres
Price per sqft
$257
Property Type
House
Property Taxes
-
HOA Dues
$93
Year Built
1988
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #SW20127403)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by Reliable Realty Inc. | $399,000 | |
| Listed by Reliable Realty Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Murrieta
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Listed by: Jacqueline Steed, Reliable Realty Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW20127403
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW20127403
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