$549,900
●
House -
In Contract
39642 Old Spring
Murrieta, CA 92563
4 Beds
1 Bath,
1
Half Bath
1,640 Ft²
$2,701
Est. Monthly
About This Property
**SELLER IS OFFERING A $15,000 CREDIT** You can use it to buy your
rate down or for Paint and Carpet. Bring your Buyers!
4 Bedrooms. 2.5 Bathrooms. VERY LOW TAXES - NO HOA. This is a great opportunity to get into a Home with a great layout and personalize a few things to your liking. There are 2 Living rooms, 1 with a Fireplace, and a spacious Dining room. The Kitchen has been remodeled with Gray Shaker Cabinets and White Stone Counters. There's beautiful marble tiles downstairs and newer carpet downstairs. Upstairs you have 3 Bedrooms clustered together, sharing a Bathroom that has a Shower/Tub Combo. The Primary Suite has a large closet and the Primary Bath has a dual sink vanity with a step in shower. The Pool Sized Backyard is HUGE and private! There are some great views to enjoy too! The 2 car garage is oversized allowing for storage and there are some built in cabinets. The Laundry is located in the Garage for your convenience. This home is located in Alta Murrieta with quick access to the 15 and 215 Freeways. It needs a little bit of freshening- the Seller will give you a credit to help with Paint and Carpet OR for a Rate Buydown so you can lower your payments! Come see this house and make it your HOME!
4 Bedrooms. 2.5 Bathrooms. VERY LOW TAXES - NO HOA. This is a great opportunity to get into a Home with a great layout and personalize a few things to your liking. There are 2 Living rooms, 1 with a Fireplace, and a spacious Dining room. The Kitchen has been remodeled with Gray Shaker Cabinets and White Stone Counters. There's beautiful marble tiles downstairs and newer carpet downstairs. Upstairs you have 3 Bedrooms clustered together, sharing a Bathroom that has a Shower/Tub Combo. The Primary Suite has a large closet and the Primary Bath has a dual sink vanity with a step in shower. The Pool Sized Backyard is HUGE and private! There are some great views to enjoy too! The 2 car garage is oversized allowing for storage and there are some built in cabinets. The Laundry is located in the Garage for your convenience. This home is located in Alta Murrieta with quick access to the 15 and 215 Freeways. It needs a little bit of freshening- the Seller will give you a credit to help with Paint and Carpet OR for a Rate Buydown so you can lower your payments! Come see this house and make it your HOME!
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$335
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
Listed By
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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: 8 days ago (CRMLS #SW26214824)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Listed by Redfin Corporation | $549,900 | |
| Listed by Redfin Corporation | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Concrete, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, Paved, Private, DrivewayUpSlopeFromStreet
Garage Spaces: 2
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Crown Molding, Stone Counters, Recessed Lighting, SolidSurfaceCounters, Unfurnished, AllBedroomsUp, Attic
Appliances: ENERGY STAR Qualified Water Heater, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, HighEfficiencyWaterHeater
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Square Footage: 1640
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1988
Levels: Two
Pool Features: None
Lot Features: Back Yard, Front Yard
Lot Size Area: 6970
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Tax Lot: 59
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s), Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
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Listed by: Amber Esquibel, Redfin Corporation
Last Updated: 8 days ago
Data Source: CRMLS, MLS# SW26214824
Last Updated: 8 days ago
Data Source: CRMLS, MLS# SW26214824
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