25516 Birchtree Drive
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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 |
|---|---|---|---|
| Jan 21, 2022 | No longer available | - | |
| No longer available | |||
| Dec 2, 2021 | In contract | - | |
| In contract | |||
| Nov 2, 2021 | Listed by EXP REALTY OF CALIFORNIA INC | $550,000 | |
| Listed by EXP REALTY OF CALIFORNIA INC | |||
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Get ready for this great starter home in the growing City of Murrieta. Boasting 3 bedrooms, 2 bathrooms, RV parking AND boat parking, this home is ready for you to move on in! As you walk up to your new home with the most perfect landscaping and curb appeal, you will feel a pride of ownership from day 1. Through the front door, you are immediately greeted by a spacious living room with sloped ceilings to give the area a larger feeling. In the day, enjoy plenty of natural light through the windows and skylights or feel the warmth of the fireplace for those cozy winter nights. Headed down the hall is going to be a formal dining room area with direct views into the backyard. Inside the kitchen there is a breakfast nook for those quick meals on the run. The cabinets and countertops are in great condition with plenty of cabinetry space all the way around. At the end of the hallway is going to be the primary bedroom with a walk in closet and direct access to the backyard. The primary bathroom has a dual vanity along with a tub/shower combo. Down the hall some more is going to be the two junior bedrooms and hallway bathroom. Both bedrooms are spacious with mirrored closet doors. Connected to the home is a direct access, 2 car garage with washer and dryer connections. Outside in the backyard is hardscape with concrete along with a large wooden covered patio. The backyard is spacious with so much room for activities! This location is ideal as you are minutes to the 215/15 freeway and walking distance to highly rated Alta Murrieta Elementary school. Don't let this one get away! The manager has listed the unit size as 1350 square feet.
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| Jun 27, 2019 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Active Realty | $361,900 | |
| Listed by Active Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017