38482 Clearbrook Drive
About This Property
Spacious Kitchen, granite counter tops and upgraded dark cherry cabinets, large center island, stainless steel appliances opens to generous family room with cozy fireplace, downstairs features separate living room and formal dining room, 1/2 bath. New carpet, Spacious master bedroom, walk in closet, In addition to all of the other special features of the home, there is an upstairs loft that could function as a 5th bedroom.
Quiet street with Cul-De-Sac, Corner Lot, wrought iron gated RV Parking. Close to town and freeway access. Great schools, MOTIVATED SELLER, NO HOA and LOW TAXES. Property is being SOLD AS-IS.
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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%.
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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.
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 |
|---|---|---|---|
| Dec 13, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $439,900 | |
| Listed | |||
| | |||
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Beautiful home located in the desirable SCGA golf course community, This home overlooks the beautiful valley views and city lights. Spacious Kitchen with Stainless Steel appliances, granite counter tops and upgraded cabinets, large center island, opens to generous family room with cozy fireplace, downstairs features separate living room and formal dining room, 1/2 bath. New carpet, Spacious master bedroom, walk in closet, In addition to all of the other special features of the home, there is an upstairs loft that could function as a 5th bedroom. Quiet street with Cul-De-Sac, Corner Lot, wrought iron gated RV Parking. Close to town and freeway access. Great schools, No HOA and LOW TAX. PROPERTY BEING SOLD AS-IS The manager has listed the unit size as 2648 square feet.
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| Aug 3, 2017 | Listed by Century 21 Preferred | $424,900 | |
| Listed by Century 21 Preferred | |||
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About Murrieta
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Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17179865
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