38255 Paseo Chaparro
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Coldwell Banker Assoc Brkr-SC | $1,300,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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Must see video! Imagine yourself in this sprawling, picture-perfect property in the desirable community of La Cresta in West Murrieta. A private driveway leads you to this Eco Friendly estate home on an almost 6-acre parcel with one acre of meticulously landscaped grounds surrounded by mature Oak trees. Perched on a secluded hilltop overlooking the Bear Creek Golf course and the sparkling city lights of Murrieta/Temecula Valley. This energy efficient home is located in the prestigious equestrian community of La Cresta, at the base of the Santa Rosa Ecological Park, this family friendly home is in the #1 school district in Riverside and with jaw dropping views of the nearby mountain ranges. The luxurious pool, spa, slide, grotto, firepit and security fencing were built in 2022 and are ideal for stargazing, bird watching, and taking in the great outdoors. This single-story, eco-friendly home has a modern farmhouse design with massive bright and airy windows, allowing natural light to flow in every direction. A welcoming, open concept family room, kitchen with stainless steel appliances, Carrera Quartz lined counters and center island, dining area with vaulted ceilings and accordion doors are perfect for California indoor-outdoor entertaining all year round for your family events and holidays. The layout of this home offers a bedroom and bathroom near the entry of the home perfect for guest or office space and the secluded primary suite is on one side of the home and two ample sized rooms are located just off the large bonus room off the kitchen. The 42 PAID OFF solar panels, 4 Tesla power walls and an EV charger, will set your mind at ease with zero electricity bill. A Brand new 80 Gallon water heater was just installed, and a Cannon American Eagle Gun Safe is also included. This home is a commuter’s dream with close proximity to I-15 and 215 freeways for easy commutes to nearby LA, OC, SD, beaches, Big Bear Mountain and Old Town Temecula and Wineries. This home is near local malls and shopping centers. Come and see what La Cresta has in store for you!
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| Mar 13, 2020 | Sold | ||
| Sold | |||
| Jan 18, 2020 | Listed by Bill Lewis, Broker | $835,000 | |
| Listed by Bill Lewis, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017