25500 Brownestone Way
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 31, 2020 | In contract | - | |
| In contract | |||
| Oct 15, 2020 | Relisted | $520,000 | |
| Relisted | |||
| Oct 9, 2020 | In contract | - | |
| In contract | |||
| Sep 25, 2020 | Listed | $520,000 | |
| Listed | |||
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Convenient location -- Alta Murrieta upgraded pool home with NO HOA!! This home is set back nicely off the street with a landscaped front yard. Upon entry, the home opens to vaulted ceilings, wood and tile floors. 1st floor features living room, dining room, kitchen, breakfast nook, fire-placed family room, a bedroom, bath and laundry room. Kitchen has stainless appliances, walk-in pantry and granite counters. Upstairs is the quaint master bedroom with vaulted ceilings and a sitting alcove by the two sided fireplace. Step up to the large master bath and the other side of the fireplace adjacent to the sunk-in soaking tub. Off the sitting alcove is a balcony overlooking the side and back yard. The Jack-and-Jill bathroom between the two other second floor bedrooms, one with tile flooring. There is a 3 car side by side garage, single car side is framed-in with the front area used for a motorcycle. Enter the backyard through sliding glass doors into a spacious private covered patio with pool/spa. Adjacent to the patio is a built-up deck overlooking the pool for resting and entertaining. Home has leased solar panels, buyer to qualify for lease payments. The security system is also leased, and can be assumed or seller can take with them. Home backs to the elementary school which is in walking distance. Convenient to I-215, I-15, hospitals and retail. Contact listing agent to coordinate a showing appointment. The manager has listed the unit size as 2410 square feet.
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017