$620,000
●
House -
Off Market
23249 Joaquin Ridge Drive
Murrieta, CA 92562
4 Beds
2 Baths,
1
Half Bath
2,218 Ft²
$3,148
Est. Monthly
$103
HOA / Fees
6.38%
Cap Rate
About This Property
Gorgeous well maintained 4 Bedroom and 2.5 Bathroom home located in
WEST MURRIETA inside the Vineyard knoll community. Tranquil
neighborhood within only walking distance from AWARD WINNING
SCHOOLS, shopping & restaurants. Step inside to high ceilings and a
great spacious layout. Large living room is excellent for
entertaining guest and family. Fantastic large dining room adjacent
to kitchen. Cozy family room perfect for family movie nights.
Spacious kitchen with plenty of cabinets and with view of the
beautiful backyard area. Huge backyard excellent for BBQ's &
gathering friends and family. Awesome backyard has tons of
potential offering endless possibilities to build a pool & spa,
create your own garden oasis, grow your own fruit trees etc. Direct
access to the 15-fwy & 215 fwy super easy for commuters. The
immaculate Vinyard knoll community offers a community pool & spa
which is in only minutes walking distance. PRIME location only 20
minutes from Temecula wine country and old town Temecula. Situated
only 1 Hr from L.A & San Diego. Hurry and schedule your showing
appointment today!
Unit Size
2,218 Ft²
Days on Market
27 days
Land Size
0.18 acres
Price per sqft
$280
Property Type
House
Property Taxes
-
HOA Dues
$103
Year Built
1988
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Cap Rate Calculator
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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: 2 years ago (CRMLS #SW25114171)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Real Brokerage Technologies | $620,000 | |
| Listed by Real Brokerage Technologies | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Murrieta
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Listed by: Joe Salazar, Real Brokerage Technologies
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25114171
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25114171
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