22
Map
$630,000
●
House -
Off Market
31942 Cortez Circle
Murrieta, CA 92563
3 Beds
2 Baths,
1
Half Bath
2,324 Ft²
$2,966
Est. Monthly
$40
HOA / Fees
About This Property
Welcome to this beautifully updated 3-bedroom, 2.5-bathroom
two-story home in the desirable Rancho Bella Vista community of
Murrieta!
Recent improvements include exterior power washing, refreshed landscaping, fascia touch-up paint, interior paint, new ceiling fans, reglazed kitchen sink and shower enclosure, professionally cleaned carpets, and AC service-making this home move-in ready.
Enjoy a spacious living/dining combo, a cozy family room with fireplace, and a kitchen featuring an eat-in area, newer-style cabinets, countertops, and appliances. A convenient half bath is located downstairs.
Upstairs offers a versatile loft, all bedrooms, and laundry room. The primary suite includes a walk-in closet and an ensuite bath with dual sinks, soaking tub, and separate shower. The backyard features a patio and plenty of room to entertain. Complete with an attached two-car garage and driveway, this home offers comfort, style, and functionality.
Recent improvements include exterior power washing, refreshed landscaping, fascia touch-up paint, interior paint, new ceiling fans, reglazed kitchen sink and shower enclosure, professionally cleaned carpets, and AC service-making this home move-in ready.
Enjoy a spacious living/dining combo, a cozy family room with fireplace, and a kitchen featuring an eat-in area, newer-style cabinets, countertops, and appliances. A convenient half bath is located downstairs.
Upstairs offers a versatile loft, all bedrooms, and laundry room. The primary suite includes a walk-in closet and an ensuite bath with dual sinks, soaking tub, and separate shower. The backyard features a patio and plenty of room to entertain. Complete with an attached two-car garage and driveway, this home offers comfort, style, and functionality.
Unit Size
2,324 Ft²
Days on Market
75 days
Land Size
0.11 acres
Price per sqft
$256
Property Type
House
Property Taxes
-
HOA Dues
$40
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: 4 months ago (CRMLS #CV26072317)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Relisted | $595,900 | |
| Relisted | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Price Decreased |
$595,900
↓ $29K
(4.7%) | |
| Price Decreased | |||
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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
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 Rancho Bella Vista
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Listed by: Jessie Rodriguez, Coldwell Banker Icon
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV26072317
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV26072317
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