38285 Highpointe Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 21, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $439,900 | |
| Listed | |||
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Incredible opportunity to own this turn key home in highly sought after SCGA golf course community. Main floor bedroom/office with full bath, open floor plan, 3 car garage, and huge granite chef's kitchen. New paint, new carpet, this home is perfect. Enter through gated front courtyard to foyer. Front formal living and dining rooms with high ceilings which make this home airy and light. Plantation shutters throughout. Rear of the home is a massive chef's kitchen with granite counters, big island, double ovens, and loaded with cabinetry space. All this open to the spacious family room with fireplace, and a bedroom/office/flex room with full bath. Second floor has 4 spacious bedrooms, 2 bathrooms, and built in desk/work area, including large master bedroom with tray ceiling, luxury 5 piece master bath, and large walk in closet. Back yard features a pergola style patio cover, putting green and room for dining set, fire pit, etc. Located in golf course community - just off Winchester rd - close to shopping, schools, parks, wineries, and easy freeway access for commuters. The manager has listed the unit size as 2720 square feet.
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| Jun 1, 2019 | Listed by Allison James Estates & Homes | $437,900 | |
| Listed by Allison James Estates & Homes | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017