$630,000
●
House -
Off Market
24059 Falconer Drive
Murrieta, CA 92562
4 Beds
2 Baths,
1
Half Bath
1,646 Ft²
$3,069
Est. Monthly
About This Property
Welcome to a lovingly cared for 4 bedroom, 2.5-bath home in a
friendly Murrieta neighborhood. This turn-key property offers
comfort, style and convenience all in one. Bright and inviting
living spaces with thoughtful updates. Walking distance to a
distinguished elementary school. Low property taxes and no HOA
fees. New carpet upstairs and updated vanity in primary
bathroom. Energy-efficient dual-pane windows and whole house
fan. Newer air conditioner and furnace for year-around comfort.
Updated backyard fencing and ample outdoor space for
entertaining family and friends. This home is truly move-in
ready and waiting for you to create lasting memories. Don't
miss this opportunity to make this yours!
Unit Size
1,646 Ft²
Days on Market
49 days
Land Size
0.13 acres
Price per sqft
$380
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: 2 years ago (CRMLS #OC25107691)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Relisted | $624,900 | |
| Relisted | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by Huntington Beach Realty Inc | $624,900 | |
| Listed by Huntington Beach Realty Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: George Lambert, Huntington Beach Realty Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25107691
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25107691
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