39572 Ramshorn Drive
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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.
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 |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Team Forss Realty Group | $709,000 | |
| Listed by Team Forss Realty Group | |||
| | |||
|
This home qualifies for a $20,000 grant which can be used for down payment and/or closing costs. Don't miss out on this highly desirable, upgraded Family Home with a completely remodeled kitchen which has been carefully curated with designer touches located in the heart of Alta Murrieta! This home features a huge yard with ample lawn as well as a covered patio and spa ideal for California entertaining. The sought-after floorplan features 4 Bedrooms, 3 Bathrooms with a downstairs bedroom and bathroom as well as a Family Room, Livingroom, Dining Room and a convenient 3 Car Garage. The kitchen has new cabinetry including an appliance garage, as well as black quartz counters and new appliances as well as a dedicated coffee station. There is luxury wide plank vinyl flooring throughout the lower level and plenty of windows as well as vaulted ceilings for a light and airy feel to the home. The family room features a quartz hearth, that matches the kitchen counters, and there are plantation shutters & ceiling fans throughout and 3 Quiet Cool whole house fans to keep cooling bills low. The yard has been professionally landscaped with a custom waterfall, above ground spa and fruit trees. The location provides easy access to shopping including the new Trader Joe and Marshalls and all the restaurants in both centers. The taxes are low and no HOA help affordability along with easy freeway access.
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| Aug 16, 2018 | Sold | ||
| Sold | |||
| Jul 14, 2018 | Listed by Century 21 Wright | $437,900 | |
| Listed by Century 21 Wright | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017