$620,000
●
House -
Off Market
24811 Hollyleaf Lane
Murrieta, CA 92562
3 Beds
2 Baths
1,364 Ft²
$2,897
Est. Monthly
About This Property
Welcome to your perfect starter home in the heart of Murrieta! This
charming single-story offers 3 bedrooms, 2 bathrooms, and a
spacious 1,364 sq ft layout with an open floor plan that feels both
bright and inviting. The living and dining areas flow seamlessly
together under vaulted ceilings, while large windows fill the space
with natural light. The cozy family room features a fireplace and
easy access to a well-kept backyard with patio space and lush lawn,
perfect for relaxing or entertaining. The kitchen is equipped with
granite countertops, rich wood cabinetry, and a 6-burner stove,
giving you everything you need in a move-in-ready home. Located in
a peaceful, family-friendly neighborhood with top-rated schools
nearby and quick access to both I-15 and I-215 freeways, shopping,
and parks, this home is ideal for first-time buyers or anyone
looking to plant roots in a great Murrieta community.
Unit Size
1,364 Ft²
Days on Market
50 days
Land Size
0.15 acres
Price per sqft
$432
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 #SW25082708)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$589,900
↓ $35K
(5.6%) | |
| Price Decreased | |||
| May 5, 2025 | Relisted | $625,000 | |
| Relisted | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Murrieta Oaks
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Listed by: Elizabeth Jones, KW Temecula
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25082708
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25082708
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