36588 Ranch House Street
About This Property
Located just off Whitewood Rd, this beautifully updated single-family home offers both style and convenience. As you step inside, you're greeted by a formal living room to your right, seamlessly connected to a spacious dining area-perfect for entertaining guests.
The kitchen has been fully remodeled with sleek granite countertops, rich dark wood cabinetry, and a generously sized kitchen island. The adjacent family room, with a cozy fireplace and three large windows, allows plenty of natural light to fill the space, creating a warm and inviting atmosphere.
The first floor also features a convenient laundry room, a bedroom, and a full bathroom-ideal for guests or multi-generational living.
Upstairs, the primary bedroom awaits, complete with an en-suite bathroom. Down the hall, you'll find two additional bedrooms, a full bathroom, and a large bonus room-perfect for a home office, playroom, or gym.
The outdoor spaces are just as impressive, with an aluminum patio cover featuring ceiling fans and LED lights in the backyard; a new fence on the right side, and beautifully landscaped front yard complete with a serene fountain.
Additional highlights include a whole house fan, newer water heater, heat pump, fresh interior and exterior paint, and a 240V outlet in the garage.
With close proximity to shopping, top-rated schools, hospitals, and the Los Alamos Sports Park, this home offers both comfort and convenience in one of Murrieta's most desirable areas. Don't miss this opportunity!
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 24, 2024 | Listed by Arrive Real Estate | $675,000 | |
| Listed by Arrive Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017