24667 Malbec St
About This Property
This inviting single-story home sits on a generously sized lot and combines comfort, functionality, and efficiency. With 3 bedrooms and 2 bathrooms, the thoughtful floorplan provides excellent separation-placing the primary suite at the back of the home for privacy, while the two secondary bedrooms are positioned near the front. The open living and dining areas feel spacious and welcoming, enhanced by a striking double-sided fireplace set into a modern accent wall. Natural light pours in through large windows, creating a bright atmosphere and a seamless connection to the outdoors. The backyard is ideal for relaxing or entertaining, with a durable AlumaWood patio cover that offers shade and longevity. This property includes a number of valuable upgrades designed for convenience and savings: solar panels with backup battery, EV charger, a newer HVAC system with updated ductwork, and a QuietCool whole-house fan to keep energy costs low. The primary suite features dual closets and dual sinks, while the attached 2-car garage and expansive RV parking area provide plenty of storage and flexibility. Perfectly located just minutes from I-15, Murrieta Mesa High School, Shivela Middle School, and an array of shopping and dining options including Target, Albertsons, and Starbucks, this home offers the best of both comfort and convenience. Whether you're hosting friends, enjoying quiet evenings by the fire, or taking advantage of the energy-efficient features, this home is ready to fit your lifestyle
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$585,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Increased |
$590,000
↑ $10K
(1.7%) | |
| Price Increased | |||
| Sep 5, 2025 | Listed by Compass | $580,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017