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27741 Elderberry Street
About This Property
Welcome to this beautifully updated executive home located in the highly sought-after, guard-gated community of Greer Ranch-one of Southern California's most desirable neighborhoods. With 24-hour security and resort-style amenities, this community offers both luxury and peace of mind.
This home features newer interior and exterior paint along with newer waterproof flooring throughout, creating a fresh and modern feel. The thoughtfully designed floor plan offers a spacious living room that seamlessly flows into a formal dining area-perfect for entertaining. The kitchen is well-appointed with granite countertops, a large center island, stainless steel appliances, and ample cabinetry.
The first floor also includes a private office/den, a full bathroom, and a comfortable family room with a cozy fireplace. Upstairs, you'll find four generously sized bedrooms, a full bathroom, and a convenient upstairs laundry room. The expansive primary suite features a spacious en-suite bath and a large walk-in closet. Step outside to a large backyard showcasing stunning mountain and hillside views with no rear neighbors, offering exceptional privacy. Greer Ranch residents enjoy resort-style amenities including a pool, spa, clubhouse, parks, BBQ areas, walking trails, and regular community events. Conveniently located near the I-15 and I-215 freeways, top-rated schools, shopping, medical facilities, Old Town Murrieta, Temecula, and award-winning Temecula wineries.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$729,000
↓ $26K
(3.4%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$755,000
↓ $4K
(0.5%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$759,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Apr 21, 2026 | Relisted | $779,000 | |
| Relisted | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017