39968 Pearl Drive
About This Property
This awesome 4 bedroom, 3 full bath with 3 car garage is located in a great neighborhood, centrally located near everything! This home has a NEW SALTWATER POOL & SPA that is controlled from inside the home. The backyard has a large patio cover, fire-pit and natural gas line for the BBQ, perfect for entertaining year round. The floor plan is very family friendly with 1 bedroom and 1 full bath downstairs, skylights, plantation shutters and ceiling fans throughout the home. The main living room has vaulted ceilings and a gas fireplace. There's also a bonus room off the kitchen. Upstairs the Master has a spacious walk in closet, dual vanity with new fixtures and a large soaking tub. Jack and Jill bedrooms share a bathroom with dual vanities. New paint inside and out. The HVAC system was recently serviced and has a newer water heater. This house comes with SOLAR and an upgraded 200amp service, so bring your tools and toys! This property is located in the award winning Murrieta School district, with easy freeway access, close to shopping and casual dining. Low taxes and NO HOA!!
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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 |
|---|---|---|---|
| Aug 31, 2023 | No longer available | - | |
| No longer available | |||
| Aug 28, 2023 | Listed by Team Integrity Realty | $599,000 | |
| Listed by Team Integrity Realty | |||
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Welcome to your new home in Alta Murrieta! This two-story property boasts 4 bedrooms and 3 bathrooms with dual sinks including a Jack and Jill, offering ample space for your family's comfort and convenience. This mindful kitchen embodies the idea that size is no measure of greatness. It's a space where culinary creativity meets the warmth of togetherness, enhancing your home's overall charm and functionality along with the cozy living areas that provide a warm and inviting atmosphere for relaxation. But that's not all – this home comes complete with a three-car garage, ensuring plenty of room for your vehicles and storage needs. Relaxation and entertainment are at your fingertips with the inviting swimming pool and spa, perfect for enjoying sunny California days and starlit evenings. Imagine hosting gatherings, pool parties, and creating lasting memories with family and friends in your own backyard oasis. Enjoy an evening roasting marshmallows in the backyard firepit. There is also solar to help with keeping you cool all summer. One of the standout features of this property is its advantageous location in Alta Murrieta, where you'll enjoy the benefits of very low taxes and the absence of HOA fees. And for families, you'll be delighted to know that this home falls within the boundaries of excellent schools, ensuring top-notch education for your children. Don't miss out on the opportunity to call this exceptional property your own. Come and experience the perfect blend of comfort, convenience, and California living in Alta Murrieta! The manager has listed the unit size as 1904 square feet.
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| Aug 21, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by Century 21 Preferred | $442,000 | |
| Listed by Century 21 Preferred | |||
| Apr 17, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017