29118 Via Espada
About This Property
As you step inside, you'll be greeted by a bright and open living space, featuring large windows that flood the home with natural light. The kitchen is a chef's delight, equipped with modern appliances, ample cabinetry, and plenty of counter space for meal prep and casual dining. Adjacent to the kitchen is the family room, perfect for cozy evenings together.
The master suite offers a serene retreat, complete with a large ensuite bathroom featuring dual closets, dual sinks, a soaking tub, and a walk-in shower. The additional bedrooms are generously sized and provide plenty of space for family or guests. A versatile loft area can serve as a home office, playroom, or additional living space.
The home also includes an attached 2-car garage plus plenty of space for a 3rd car, gym,office or storage area for your added convenience. You'll find ample solar panels to power the home which will save you money and to be environmentally aware, there is already in-place, a plug for your EV, all you need to bring is your car adapter and it's good to go!
Top-rated schools within walking distance plus parks, shopping, and dining, this home offers both comfort and convenience in one of Murrieta's most sought-after and growing neighborhoods.
Don't miss the opportunity to make 29118 Via Espada your new home. Schedule a showing today!
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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 7, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Price Decreased |
$699,990
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Sep 9, 2024 | Listed by LPT Realty, Inc | $724,990 | |
| Listed by LPT Realty, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017