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35831 Bobcat 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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Team Forss Realty Group | $635,000 | |
| Listed by Team Forss Realty Group | |||
| | |||
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This beautiful single-story upgraded home sits on a corner lot in the highly sought-after Spencer’s Crossing. Offering 4 bedrooms and 2 bathrooms, a home office, patio cover and full privacy. The community has pools, pedestrian trails, sports park and clubhouse. This home features a bright open floor plan filled with natural light, designed for both comfortable everyday living and effortless entertaining. The spacious living area flows seamlessly into the dining space and large kitchen, creating the perfect gathering place for family and friends. With all bedrooms conveniently located on one level, the thoughtful layout provides both privacy and flexibility for guests, a home office, or growing households. Step outside to enjoy the generous backyard with patio cover, where the corner lot location provides extra space and added privacy, ideal for relaxing evenings, weekend barbecues, or creating the outdoor oasis you’ve been dreaming about.
Living in Spencer’s Crossing means enjoying resort-style amenities, including multiple pools, a clubhouse, parks, scenic trails, sports fields, and vibrant community events, all just minutes from shopping, dining, and top-rated schools. Single-story homes in this community are highly desirable,don’t miss the opportunity to make this Murrieta gem your own.
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| Aug 20, 2019 | Sold | ||
| Sold | |||
| Jun 18, 2019 | Listed by Wade Frontiera, Broker | $399,000 | |
| Listed by Wade Frontiera, Broker | |||
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About French Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017