25229 Shadescale Drive
About This Property
You can do AMAZING things with this backyard! On the left side of the home is a large dog run and on the right, there is plenty of room to build your dream pool or RV parking! This home is located in the distinguished Murrieta School District within walking distance to Alta Murrieta Elementary School. Conveniently located to lots of shopping, Los Alamos Skate Park, Rancho Springs Medical Center and the I-15 and I-215 freeways. This home will not last long! Must see in person to appreciate everything this home has to offer! NO HOA/MELLO-ROOS & LOW TAXES!
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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 |
|---|---|---|---|
| Jul 25, 2018 | Sold | ||
| Sold | |||
| May 6, 2018 | Listed by Allison James Estates & Homes | $379,900 | |
| Listed by Allison James Estates & Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017