$743,000
●
House -
Off Market
24533 Ridgewood Road
Murrieta, CA 92562
4 Beds
2 Baths
1,816 Ft²
$3,649
Est. Monthly
About This Property
Welcome to your private entertainer's paradise - right here in
Murrieta!!! Upscale 2-story home, approximately 1,816 square feet.
Boasting 4 upstairs bedrooms and 2 custom bathrooms, includes a
powder room downstairs. The primary bathroom has a gorgeous walk-in
shower. So much attention to detail in this wonderful home.
Flooring includes cool tile, vinyl plank, carpet, and ceiling fans.
Cozy gas fireplace. 2016 newer central heat and air 5-ton unit.
Upscale shutters. Custom-painted can lights. Welcoming cooks' kitchen remodeled in 2014 with stainless steel appliances, fridge
can remain. Backyard paradise with a large, flat usable lot - 9,583
square feet! Inground pebble tech, Pentair system 2022 salt water
pool and spa complete with lounge sitting area and umbrella stand.
Full aluminum wood patio cover with ceiling fans. Gas firepit.
Inviting gas BBQ complete with fridge. Large, handy shed to remain.
Beautifully hardscaped and landscaped. All vinyl fenced. Bonus!!!
27 paid for solar panels. Wow - what a dream home. Someone will be
lucky to buy this home!!! Low taxes and no association. Close to
schools, shopping, medical, freeway, and wineries.
Unit Size
1,816 Ft²
Days on Market
35 days
Land Size
0.22 acres
Price per sqft
$409
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 #SW25099223)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed by First Team Real Estate | $743,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Murrieta Oaks
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Listed by: Serina Ortiz-Tomlinson, First Team Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25099223
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25099223
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