24395 Silver Bullet Way
About This Property
If you've been looking for a home where you can make your own updates and build equity, this single-story 4 bedroom, 2.5 bath home offers that opportunity. With approximately 2,230 sq ft on a 7,841 sq ft lot and a 3-car garage, the layout features connected living spaces, vaulted ceilings, and multiple windows that bring in natural light, creating a functional and well-designed floor plan with the potential to become something special with cosmetic updates.
From the entry, enjoy the living and dining areas that flow into the family room featuring a fireplace. The kitchen offers a center island, built-in appliances, and connection to the family room. Vaulted ceilings and updated dual pane vinyl windows and sliding doors provide natural light and improved efficiency throughout.
On one side of the home, the primary suite includes an oversized walk-in shower, dual sink vanity, and large walk-in closet. Sliding glass doors from both the primary suite and family room provide direct access to the backyard.
The backyard offers a pool-sized lot with space for landscaping or outdoor improvements, a full-length covered patio, a large storage shed, and generous side yard space.
Walking distance to Old Town Murrieta, Thompson Middle School, and Murrieta Valley High School, with a park at the back of the neighborhood. Convenient to shopping, dining, and commuter routes.
No HOA and situated in a low tax area. Property to be sold in current condition.
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Real Brokerage Technologies | $655,000 | |
| Listed by Real Brokerage Technologies | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017