$447,500
●
House -
Off Market
23623 Red Oak Lane
Murrieta, CA 92562
5 Beds
3 Baths
2,778 Ft²
$680,579
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Live the good life in Murrieta. This Beautifully upgraded home at
the end of the cul-de-sac has 5 Bedrooms, 3 full Bathrooms a large
loft upstairs and an office downstairs that can be used as a
bedroom. Sellers have spent thousands on upgrades! New garage door,
iron security door, new toilets and faucets, an alkaline water
system, new paint throughout, crown molding, new flooring upstairs,
and much, much more! The interior is spacious and bright the large
kitchen has center island granite countertops and a walk-in pantry.
The adjacent family room has a fireplace. The upper-level bedrooms
are spacious; there is also an upstairs laundry room, with the
washer and dryer included. The garage door is new and the backyard
is a good size with permitted patio and aluminum cover.
Must be seen to be appreciated. No HOA!
Must be seen to be appreciated. No HOA!
Unit Size
2,778 Ft²
Days on Market
75 days
Land Size
0.15 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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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 #IG18150462)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Jun 22, 2018 | Listed by First Team Real Estate | $449,900 | |
| Listed by First Team Real Estate | |||
| Nov 19, 2015 | Sold | ||
| Sold | |||
| Apr 13, 2015 | Listed by Military Mutual | $355,000 | |
| Listed by Military Mutual | |||
| | |||
|
IN ESCROW. HOME INSPECTION COMPLETED WITH NO MAJOR ISSUES! TERMITE CLEARANCE! LOCATED IN A CUL-DE-SAC CLOSE TO STORES & RESTAURANTS. THIS 2-STORY HOME IS LOCATED IN THE HEART OF MURRIETA! FORMAL LIVING AND DINING RM WITH UPSTAIRS LAUNDRY RM & A STEP-UP TECH CENTER WITH BUILT-IN DESK. TILE FLOORING DOWNSTAIRS. NEUTRAL COLORS THROUGHOUT. VIEWS FROM BACKYARD. 3 CAR GARAGE W/SPACE FOR ADDITIONAL PARKING. VERY SPACIOUS LOFT UPSTAIRS. Neighborhoods: Murrieta Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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: Rosa Chavez, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG18150462
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG18150462
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