24731 4th Street
About This Property
Step outside and imagine the possibilities...The huge Trex deck leads to a brick patio, a Jacuzzi deck, and an above-ground pool-all in need of a little love but full of potential for incredible backyard entertaining. There's also RV parking and rear access to a barn, giving you room for all your projects, toys, or extra storage.
Located within walking distance to Old Town Murrieta, this home offers the charm of a prime location without the hassle of an HOA! Whether you're an investor, DIY enthusiast, or just someone with a vision, this is your chance to create something special.
Bring your tool belt and imagination-this diamond in the rough is the treasure you've been looking for. (NOTE* photos shown are from the previous listing used with permission to show the potential of the property)
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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 |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | Listed by Signature Real Estate Group | $599,900 | |
| Listed by Signature Real Estate Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | In contract | - | |
| In contract | |||
| Sep 9, 2020 | Listed | $455,000 | |
| Listed | |||
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Entertainers dream! Everything you have been looking for. Beautiful well kept home, large open floor plan, new floors, large kitchen with a step in pantry. Inside laundry room, Large master suite. The backyard is where it is at though! Large Trex Deck with steps down into a lower brick patio and a Jacuzzi deck! Not to mention a nice above ground pool with its own deck. RV parking and another rear drive access to the back barn. Literally everything you could ask for! The manager has listed the unit size as 2106 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017