$763,000
●
House -
Off Market
29843 Adara Lane
Murrieta, CA 92563
5 Beds
3 Baths
3,273 Ft²
$3,732
Est. Monthly
About This Property
Charming Home 5 bedroom, three bathroom home with over 3200 sq feet
on a Large Corner Lot situated on a quiet cul-de-sac near to
schools. There is a large loft and a downstairs bedroom and paid
for solar. Enjoy the serenity of mature yard and a covered solid
surface patio, perfect for outdoor entertaining. With over 3200 sq
foor and five bedrooms and three bathrooms this home has a bright
family room and kitchen feature abundant natural light and
attractive shutters throughout. A full bedroom and bathroom are
conveniently located downstairs. Upstairs, retreat to the luxurious
master suite with his and her closets, plus a separate shower and
soaking tub. The expansive loft offers versatile space,
complemented by an oversized secondary bedroom and two additional
rooms with a shared bathroom. With paid solar, this home is both
eco-friendly and energy-efficient. No HOA and not in a high fire
zone
Unit Size
3,273 Ft²
Days on Market
79 days
Land Size
0.18 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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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 #SW24193609)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$760,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $780,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
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HOA + Taxes
About Murrieta
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Listed by: Goran Forss, Team Forss Realty Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24193609
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24193609
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