$550,000
●
House -
Off Market
29831 Ascella Lane
Murrieta, CA 92563
3 Beds
2 Baths,
1
Half Bath
1,636 Ft²
$2,798
Est. Monthly
$195
HOA / Fees
6.53%
Cap Rate
About This Property
Beautiful three bedroom, two and a half bathroom home with brand
new LVP flooring and new carpet. This home features a two car
attached garage, an updated kitchen with granite countertops,
stainless steel appliances, and a cozy breakfast nook. Located in
the desirable Griffith Place community of Murrieta. The
open-concept living and dining areas seamlessly flow to a private
side patio. The living room features LVP flooring and a fireplace
for added warmth and charm. Upstairs, you'll find a versatile loft,
three generously sized bedrooms, and a laundry area. Residents of
this community can enjoy amenities such as a swimming pool, spa,
outdoor BBQ area, and playground. Conveniently located near
shopping, dining, and major freeways, this home also falls within
the highly rated Murrieta School District. Whether you're a
first-time homebuyer or looking for a move-in-ready home with
modern updates, this remodeled beauty offers the perfect
opportunity to make it your own.
Unit Size
1,636 Ft²
Days on Market
32 days
Land Size
0.08 acres
Price per sqft
$324
Property Type
House
Property Taxes
-
HOA Dues
$195
Year Built
2005
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #SW25071308)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | Listed by Team Forss Realty Group | $530,000 | |
| Listed by Team Forss Realty Group | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Murrieta
Similar Homes for Sale
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Listed by: Goran Forss, Team Forss Realty Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25071308
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25071308
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