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39264 Sugarcane Drive
About This Property
Hard to find single story turnkey home! Large open floor plan with a spacious kitchen with large island plus an abundance of cabinet space. The family room is open to the kitchen with a cozy fireplace and beautiful views to the spacious backyard! There is an eating area in the kitchen, plus an eat at bar, and a large formal dining room and living room. All of the bedrooms are over sized and spacious! Master bedroom has beautiful views of the backyard and a walk in closet! Lots of custom wood work through out the home, beautiful engineered hardwood floors, and neutral paint. Located in the highly desired Central Park community in Murrieta with a super low HOA fee of $49 that grants you access to the beautiful community pool, spa, park, sports court and clubhouse!
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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 |
|---|---|---|---|
| Jul 3, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by Rancon Real Estate-Murrieta | $459,900 | |
| Listed by Rancon Real Estate-Murrieta | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017