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3227 Thistlewood Lane
About This Property
Nestled behind a manicured lawn and swaying palms, this inviting single-story home welcomes you with fantastic curb appeal, a tiled roof, board-and-batten accents, and a cheerful teal front door set the tone from the street. A two-car garage and extended driveway offer plenty of parking, while mature landscaping and a covered front porch create an easy, welcoming first impression. Best of all, the home comes with paid off solar already in place, so the new owner steps straight into major energy savings with no added cost to buy it out.
Inside, an open and airy layout unfolds across warm wood-look flooring in the main living room, flowing seamlessly into a spacious dining area anchored by a cozy fireplace with custom built in niches, perfect for family gatherings or entertaining. Ceiling fans and abundant natural light keep the home comfortable and bright throughout, while the solar system keeps utility bills low year round.
The well appointed kitchen features rich wood cabinetry, granite countertops, a center island with breakfast bar seating, and a full stainless steel appliance suite. A functional layout connects easily to the dining and living spaces, keeping the cook part of the conversation.
The primary suite offers a peaceful escape with plush carpet, a sliding glass door leading directly to the backyard, and a private en-suite bath featuring a walk-in shower with a built-in bench and dual-sink vanity. A secondary bedroom includes its own attached bath with a step-in shower, ideal for guests or multigenerational living. An additional full bathroom offers a classic tub/shower combo with stylish round mirrors and tile accents. A dedicated laundry room with included washer and dryer adds everyday convenience, plus direct backyard access.
Step outside to the true showstopper: a beautifully finished backyard designed for relaxing and entertaining. A large patio cover with a built-in fan shades the space, while tiered retaining walls, agave and succulent landscaping, and a built-in BBQ area create a resort like feel. The tiered hillside lot offers extra privacy and room to garden or expand outdoor living further.
This move-in-ready home combines comfortable interior living, paid off solar savings, and an exceptional outdoor space rarely found at this price point, a true entertainer's dream in a desirable Perris neighborhood!
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by Luxury Collective | $540,000 | |
| Listed by Luxury Collective | |||
| Mar 19, 2023 | No longer available | - | |
| No longer available | |||
| Jan 29, 2023 | In contract | - | |
| In contract | |||
| Jan 19, 2023 | Price Decreased |
$498,000
↓ $8K
(1.6%) | |
| Price Decreased | |||
| Jan 6, 2023 | Price Decreased |
$506,000
↓ $11K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017