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33409 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%.
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 14, 2026 | Sold | ||
| Sold | |||
| Aug 31, 2025 | Price Decreased |
$499,900
↓ $75K
(13.1%) | |
| Price Decreased | |||
| Aug 12, 2025 | Listed by Keller Williams Realty Irvine | $574,900 | |
| Listed by Keller Williams Realty Irvine | |||
| | |||
|
Menifee Single-Story Beauty with a Paid Off Solar Unit that drastically reduces your electricity bill! This 5-bedroom, 2-bathroom home offers over 1,700 sq. ft. of bright, open living in one of Menifee’s most family-friendly neighborhoods. With fresh updates, an ideal floor plan, and a prime location, it’s truly move-in ready! Step inside to a light-filled layout featuring an eat-in kitchen with space for a full-size dining table, flowing seamlessly into the spacious family room. Whether you’re hosting a dinner party or enjoying a cozy night in, everyone stays connected. The primary suite is a private retreat with a walk-in closet, dual sinks, a soaking tub, and abundant natural light. Four additional bedrooms provide versatility for family, guests, a home office, or a gym, plus a full hallway bathroom for convenience. Love the outdoors? The private backyard is built for SoCal living! A huge Alumawood-covered patio is perfect for BBQs and entertaining, while the oversized lot has room for a future pool or garden. With paid solar, you’ll enjoy energy savings year-round. Other highlights include: Fresh brand-new carpet throughout, Low HOA, Easy access to the 215 freeway, Minutes from schools, shopping, and dining! This home checks every box, space, comfort, upgrades, and location. Don’t wait! Homes like this in Menifee go fast. Schedule your showing today and see why this one is special!
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| Aug 2, 2025 | Relisted | $574,999 | |
| Relisted | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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Price/ft²
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About Murrieta Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017