24139 Falconer Drive
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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%.
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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.
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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 19, 2018 | Sold | ||
| Sold | |||
| Apr 19, 2018 | Listed by RE/MAX REGISTRY | $410,000 | |
| Listed by RE/MAX REGISTRY | |||
| Sep 2, 2017 | Listed | $410,000 | |
| Listed | |||
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Centrally located Murrieta beauty, highly upgraded, turnkey and will sell quickly. Home is nestled between the 215 and 15 freeways with great access heading north or south. Just south of Clinton Keith in a great established neighborhood!! Very low taxes, special assessments about $224/year, and zero HOA. Local shopping centers & fine dining abound, everything that Murrieta has to offer including close proximity to historic old town Murrieta, highly rated schools and rated one of the safest communities in the US. The entire home has been updated with new windows and doors. The whole house has brilliant wood look tile flooring. The family room, living room & formal dining room give off a bright airy feeling and the layout provides a great flow from room to room with all the natural light. Come home to this beautifully upgraded kitchen, complete with newly refinished cabinetry, custom Quartz counter tops, and stainless steel appliances all centered around a picture window overlooking the backyard and breath taking views of the valley. Three bedrooms & bath upstairs, along with the master suite, the master bedroom has a large walk in closet and is large enough for a California king & still offers a small sitting area. Large private low maintenance parklike backyard offers peak-a-book views of mount Palomar and of the valley & has plenty of space to spread out in, best part is there are not neighbors directly off the back of the house so it feels seclude and country like. The manager has listed the unit size as 1646 square feet.
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| Aug 29, 2016 | Sold | ||
| Sold | |||
| Jun 11, 2016 | Listed by Hanson Realty | $359,900 | |
| Listed by Hanson Realty | |||
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HANDYMAN'S SPECIAL..........SPACIOUS 4 BEDROM 2.5 BATH HOME IN VERY DESIREABLE CENTRAL MURRIETA LOCATION..........EXCELLENT FLOOR PLAN..........LOVELY VIEWS! Neighborhoods: MURRIETA Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017