23944 Cadenza
About This Property
Inside, the home offers a spacious and inviting layout with soaring ceilings, upgraded flooring, oversized bedrooms, and natural light throughout. Elegant wrought iron staircase details, modern finishes, and thoughtfully updated living spaces add warmth and style throughout the home. The kitchen is the heart of the home and offers upgraded countertops, upgraded white cabinets and is open to the living/dining area. The spacious primary suite serves as a private retreat featuring French doors that open directly to an oversized deck overlooking the backyard oasis - the perfect place to enjoy morning coffee or unwind at sunset.
Located in a highly desirable Murrieta neighborhood close to award-winning schools, shopping, dining, and convenient freeway access, this home combines luxury, comfort, and functionality in all the right ways. Rarely do homes offer this level of backyard paradise, RV convenience, and entertainer's appeal all in one package.
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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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Coldwell Banker Assoc Brkr-SC | $819,900 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017