$725,000
●
House -
Off Market
37081 Cherrywood Drive
Murrieta, CA 92562
4 Beds
3 Baths,
1
Half Bath
3,397 Ft²
$1,172,280
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Gorgeous Home located in the prestigious Bear Creek Golf Course
Community! Bear Creek is a private, guard gated community designed
around a Jack Nicklaus 18 hole golf course. Some of the amenities
include; private streets, an Olympic sized swimming pool, spa,
weight room, cardio room, clay and concrete tennis courts, Boccie
courts, meeting rooms and offices. This home is just under 3400
sq.ft. with 3 bedrooms, 2.5 bathrooms in the main house, there is
also a office that could be used as a 4th bedroom. Also, there is
an attached Casita with a full bathroom which has it's own separate
entrance. The kitchen has beautiful granite counter tops, rich dark
cabinetry, a large walk-in pantry and stainless steel
appliances. Nice open floor plan with neutral colors. Large
master suite with a sitting area and cozy fireplace. The master
bathroom has dual vanities and a separate tub and shower unit. Easy
access to the 15 Freeway. Come take a look today!
Unit Size
3,397 Ft²
Days on Market
210 days
Land Size
0.23 acres
Price per sqft
$218
Property Type
House
Property Taxes
-
HOA Dues
$290
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW17122390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2017 | Sold | ||
| Sold | |||
| Jun 2, 2017 | Listed by Strategic Realty Inc. | $740,000 | |
| Listed by Strategic Realty Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Murrieta
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Listed by: Lisa Byrd, Strategic Realty Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17122390
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17122390
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