38694 Royal Troon Drive
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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 |
|---|---|---|---|
| Apr 28, 2020 | Sold | ||
| Sold | |||
| Mar 27, 2020 | Listed by Allison James Estates & Homes | $530,000 | |
| Listed by Allison James Estates & Homes | |||
| | |||
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Enjoy the good life in the Executive Pool Home on the Golf Club at Rancho California in Murrieta. Spectacular views from the Master Bedroom and Bath as well as from the resort style pool & spa. Upon entering the home you're treated to an amazing floor plan highlighted by vaulted ceilings, crown molding, sweeping staircase, formal dining room, and double door office. A spacious downstairs Bedroom and full Bath allows for privacy for visiting family & guests. A "Great Room style" Family Room, Dining & granite Kitchen area can accommodate any family event or a business gathering. The upstairs features a oversized Loft, two large secondary Bedrooms, and Master Suite with enormous shower & soaking tub as well as a gigantic closet... with room for him too. The fully covered Patio is perfect for outdoor dining and grilling in any type of weather. A combination of Queen & Robellini palms, roses, azaleas, and magnolias are sprinkled throughout the property. Additional upgrades include SunPower Solar System and a seventy-five gallon water heater.
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| Jul 9, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by Allison James Estates & Homes | $579,900 | |
| 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