$375,000
●
House -
Off Market
39840 Monarch Drive
Murrieta, CA 92563
4 Beds
2 Baths,
1
Half Bath
1,916 Ft²
$560,938
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
You will love this wonderful 3 bedroom, plus loft home in the gated
Old School House community! Conveniently located near the
Murrieta/Temecula border, close to shopping and freeways.
Family friendly community with newly renovated park and pool
amenities just down the street! This adorable home features a front
parlor living room with open window and high skyline windows which
open up the stair way. There is a large, open kitchen and dining
area that look out to a cozy family room with a fireplace.
Upstairs there is a good size master bedroom and master bath
with double vanity and walk-in closet. Two additional
bedrooms, a bathroom, a computer nook and a loft complete the
second floor. This charming home is also very private with no
rear neighbors and a lovely, low maintenance backyard for
entertaining. NOTE: Assessor shows as 4 bedroom but 4th
bedroom is configured as loft
Unit Size
1,916 Ft²
Days on Market
62 days
Land Size
0.07 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
$85
Year Built
2002
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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: 4 months ago (CRMLS #SW19014467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by Allison James Estates & Homes | $375,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Murrieta
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Listed by: Stephen Batiz, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19014467
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19014467
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