33353 Mesolite Way
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 3, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $405,000 | |
| Listed | |||
| | |||
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Wonderful opportunity to own a perfect home on the border of Murrieta and Menifee. Main floor bed, lots up updates, 3 car tandem garage, low HOA dues, and a completely upgraded and energy efficient HVAC system will save you loads of money! Near the front of the home, a formal dining room, adjacent to the beautiful open kitchen with elegant glass tile full backsplash, center island, stainless appliances and loaded with cabinet and counter space. All of this is open to the spacious family room with fireplace, and also has a main floor bedroom with full bathroom! Second floor has 4 more bedrooms and 2 baths, including a roomy master suite with 5 piece master bath and a large walk in closet. Located close to schools, shopping, hospitals, and freeway access for easy commutes! The manager has listed the unit size as 2721 square feet.
| |||
| May 2, 2018 | Listed by Allison James Estates & Homes | $405,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
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About Murrieta Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017