$380,000
●
House -
Off Market
23931 Falconer Drive
Murrieta, CA 92562
3 Beds
2 Baths
1,213 Ft²
$609,902
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Completely remodeled Cape Cod style home on a beautiful tree-lined
street. New kitchen with added pantry, wood-look tile and
upgraded new carpet, and so much more! Amazing backyard with
unobstructed views of the Santa Rosa Plateau. No HOA and low
tax area. Pictures of this home do not do it justice - must
see to appreciate this beautiful home. Perfect for first-time
buyers, those looking to downsize, or investors looking for a great
rental.
Unit Size
1,213 Ft²
Days on Market
54 days
Land Size
0.12 acres
Price per sqft
$317
Property Type
House
Property Taxes
-
HOA Dues
-
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 #SW17243620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Listed by ShoppingSDHouses | $589,999 | |
| Listed by ShoppingSDHouses | |||
| | |||
|
*ASSUMABLE LOAN* ASK ABOUT SELLERS ASSUMABLE INTEREST RATE OR A CREATIVE FINANCE SUBJECT TO DEAL!!! PRICED TO SELL!! Charming 4BR/2BA Home in Murrieta! This beautiful home features a fully upgraded kitchen, NO HOA, CENTRAL A/C, with brand new washer, dryer, dishwasher, range, microwave, and fridge. Enjoy the newly installed sprinklers and lush turf in the backyard, which offers priceless city views. The spacious 2-car garage provides ample storage. Don't miss this move-in-ready gem!
| |||
| Apr 20, 2022 | No longer available | - | |
| No longer available | |||
| Mar 30, 2022 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Murrieta
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Listed by: Mary Lorenzetti, Full Realty Services Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17243620
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17243620
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