$459,000
●
House -
Off Market
23247 Spring Meadow Drive
Murrieta, CA 92562
4 Beds
3 Baths
2,667 Ft²
$677,133
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
LOOK NO FURTHER! Gorgeous remodeled home in the beautiful West side
of Murrieta. 4 bedroom, 3 bath home (with one full bed and bath
down), completely remodeled and upgraded- all finishing touches
complete for the most discerning buyer. Located on a quiet street
in the Spirit Tract, with no homes behind for utmost privacy. Large
open floor plan with a functional layout. Kitchen is open to family
room and has a large center island, beautiful NEW White Quartz
Countertops, NEW dishwasher and built in microwave, high-end
Electrolux range, maple wood floors downstairs, new lighting, new
high-end sculptured carpet and premium vinyl plank flooring
upstairs. All generous sized bedrooms with large closets, huge back
yard with brand new sod, fully landscaped, complete with shed at
side yard. Lovely covered patio to entertain, lemon tree, and
lovely mature landscaping. 3-car garage with plenty of storage,
award winning schools, LOW Taxes & NO HOA! This home is a WINNER!
Unit Size
2,667 Ft²
Days on Market
35 days
Land Size
0.22 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993
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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: 4 months ago (CRMLS #SW19077133)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by Rancon Real Estate | $459,000 | |
| Listed by Rancon Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Sold On
HOA + Taxes
About Murrieta
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Listed by: Paula Michalski, Rancon Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19077133
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19077133
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