$350,000
●
Condo -
Off Market
38405 Oaktree Loop
Murrieta, CA 92562
2 Beds
2 Baths
1,682 Ft²
$485,292
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
What a beautiful Condo in the guard-gated and desirable Bear Creek
Community in Murrieta! Conveniently located off of Clinton Keith
Road near the 15 Freeway, Murrieta Schools, and Shopping. This
property features almost 1,700 square feet of living space, a HUGE
family room with high ceilings and large windows which brings in a
ton of light and opens up to the private back yard which is located
ON THE GOLF COURSE, the family room also opens up to the OPEN
CONCEPT kitchen which features built-in appliances, eat-in
breakfast area, upgraded cabinets with a ton of storage. You also
have a spacious formal dining room. Master bedroom features high
ceilings, walk-in shower, and a walk-in closet. Down the hall, you
will find the spacious second bedroom. It's an over-sized room
which has plenty of space. Easy access to the attached, finished,
two-car garage with storage space and your laundry area. The
Beautiful Bear Creek Community features a 2 Sparkling Pools, Spa,
Sports Courts, Private Gym, and a clubhouse! This property is zoned
for the award-winning Murrieta School District, and is very close
to the 15 Freeway, Shopping, and Wineries.
Unit Size
1,682 Ft²
Days on Market
161 days
Land Size
0.10 acres
Price per sqft
$208
Property Type
Condo
Property Taxes
-
HOA Dues
$576
Year Built
1985
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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 #SW20021389)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by Re/Max Real Pros | $350,000 | |
| Listed by Re/Max Real Pros | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, DoorSingle
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Tile Counters, Walk-In Closet(s), BreakfastArea, SeparateFormalDiningRoom, Unfurnished, AllBedroomsDown, BedroomOnMainLevel, DressingArea, MainLevelPrimary, MultiplePrimarySuites, PrimarySuite
Appliances: Dishwasher, Electric Range, Free-Standing Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Water Heater, WaterToRefrigerator
Flooring Type: Carpet, Tile
Door Features: French Doors, Sliding Doors
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Gas, Gas Starter, Living Room
Exterior Details
Has Property Attached
Square Footage: 1682
Security Features: Carbon Monoxide Detector(s), 24 Hour Security, Smoke Detector(s), GatedWithAttendant
Property Condition: RepairsCosmetic, Turnkey
Year Built Source: Assessor
Year Built: 1985
Levels: One
Window Features: Bay Window(s), Screens
Patio and Porch Features: Rear Porch, Covered, Patio, Concrete
Pool Features: Community, Heated, In Ground, Association
Lot Features: Back Yard, Close to Clubhouse, Front Yard, Sprinklers In Front, Landscaped, On Golf Course, Paved, Rectangular Lot, Lawn, SprinklersTimer, SprinklersOnSide, StreetLevel
Lot Size Area: 4356
Lot Size Units: Square Feet
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Picnic Area, Pool, Spa/Hot Tub
HOA Fee: $330
HOA Fee Frequency: Monthly
Condo/Coop Fee: $246
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/05/2020
| |
2 Bed
|
2 Bath
|
1682 ft²
|
$350,000
2 Bed
2 Bath
1682 ft²
|
$350,000
07/16/2020
|
Justin Short
Re/Max Real Pros
|
Building Info
About Murrieta
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Listed by: Justin Short, Re/Max Real Pros
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20021389
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20021389
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