29351 Deerfield Circle
About This Property
The home sits on an approximately 8,700-square-foot, pool-sized lot with tremendous views and ample outdoor space to create your own backyard retreat. Inside, a combination of tile, carpet, and vinyl flooring flows throughout the home. The large kitchen offers abundant honey-oak cabinetry and a center island, creating plenty of workspace and storage while opening to the main living areas.
Downstairs, the family room is anchored by a welcoming fireplace, providing a comfortable gathering space for everyday living and entertaining. Upstairs, four bedrooms are complemented by the additional loft, adding flexibility to an already spacious floor plan.
With its large lot, impressive views, flexible living space, cul-de-sac setting, and no HOA, this property offers an excellent opportunity for buyers looking for room to grow and the ability to make a home their own. Priced well to sell and ready for its next chapter!
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by KW Temecula | $729,900 | |
| Listed by KW Temecula | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017