24450 Chaps Circle
About This Property
The home is packed with character, including wainscoting, plantation shutters, and a primary suite with vaulted ceilings and direct access to your private backyard oasis. The corner lot gives you room to breathe, entertain, and enjoy. You'll find a sparkling pool, a cozy hot tub, plenty of backyard space for kids and pets and a covered patio. West Murrieta is a wonderful place to call home. Close to great shops, top schools and easy freeway access. This home has been tenderly loved and cared for and it shows in all the small details. Don't wait, it will go fast!
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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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed by KW Temecula | $789,900 | |
| Listed by KW Temecula | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017