29449 Masters Drive
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 7, 2018 | Sold | ||
| Sold | |||
| Jul 17, 2018 | Listed | $440,000 | |
| Listed | |||
| | |||
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Incredible opportunity to own this upgraded home in the highly sought after SCGA golf course community. New paint, new carpet, main floor bedroom, granite kitchen, loft and a 3 car garage. Covered front porch entry to foyer and living room with 20 foot ceilings and loft open railing overlook. Formal dining adjacent to the well appointed granite kitchen with center island. Kitchen and eating area wide open to the spacious family room with fireplace. Tile floors throughout the main floor, including large main floor bedroom/office with full bath. Second floor has large, open loft overlooking the main floor. 3 large bedrooms, including a generous master suite with luxurious 5 piece master bath, and dual closets with mirrored doors. Secondary bedrooms are quite roomy, and one has its own private second floor balcony. Back yard has covered back patio, new landscaping. Located close to top rated schools, shopping, parks, and freeway access for easy commutes. Low tax rate and no HOA dues keep this home affordable. The manager has listed the unit size as 2484 square feet.
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| Jun 22, 2018 | Listed by Allison James Estates & Homes | $440,000 | |
| Listed by Allison James Estates & Homes | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017