31670 Wintergreen Way
About This Property
Beautiful single-family home located in the charming Parkside neighborhood of Murrieta. Built in 2005, this 3677 sqft quality-crafted home has an open and spacious floor plan with many of the appointments you desire most. Maple cabinets, granite counters, kitchen island, Family room with fireplace, formal dining room, extra large bonus room for entertaining, elegant open stairs, vaulted and 9-foot ceilings. The home has 5 bedrooms with one bedroom downstairs, Manicured front and back yard and much more. No HOA and in the Temecula Valley school district. Original owner took great care of this home and is now moving to Texas.
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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 3, 2018 | Sold | ||
| Sold | |||
| Nov 25, 2017 | Listed by Capital Pacific Real Estate In | $439,000 | |
| Listed by Capital Pacific Real Estate In | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017