23802 Via Madrid
About This Property
Welcome to this rare and highly sought-after dual master home in the exclusive Monserrat community of Murrieta! Thoughtfully designed for generational living, this exceptional home features two master suites on separate floors-offering privacy and flexibility for extended family, guests, or multi-generational households. The downstairs master suite provides convenience and accessibility, while the larger upstairs master retreat offers a private sanctuary. Additionally, three oversized secondary bedrooms and a spacious loft provide ample space for work, play, or relaxation.
The bright and open floor plan is designed for comfortable living, with expansive living areas and abundant natural light. Step outside to a large, private backyard-your own tranquil retreat with plenty of space for entertaining. Enjoy morning coffee or evening sunsets from a separate elevated patio with beautiful views.
Additional highlights include a 3-car garage, ultra-low taxes, NO HOA, and an unbeatable location close to shopping, dining, and easy freeway access via the 15 and 215-perfect for commuters! Plus, Murrieta is known for its top-rated school district and incredible activities and sports programs for kids of all ages. Homes in this family-friendly community don't last long-schedule your showing 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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by Mr. Murrieta Real Estate | $799,900 | |
| Listed by Mr. Murrieta Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017