39983 Corte Lorca
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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.
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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, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$449,999
↓ $100K
(18.2%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by Keller Williams Realty | $549,800 | |
| Listed by Keller Williams Realty | |||
| | |||
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Welcome to 39983 Corte Lorca in Murrieta, a dream retirement home nestled in the prestigious 55+ gated community of The Colony. This delightful single-story residence offers the best of resort-style living, featuring a drought-resistant yard and a private back patio with serene views and no rear neighbors. The home boasts an open floor plan with two generously sized 2 bedrooms and 2 baths, abundant natural light, and walk-in closets, ensuring comfort and functionality. Situated on a tranquil cul-de-sac, the property showcases a charming private courtyard entrance, a spacious master suite with a separate shower and tub, and a convenient individual laundry room. With direct access to the garage, day-to-day life couldn't be easier. The Colony's exceptional amenities include a grand clubhouse, golf course, 24-hour security, pool, tennis courts, billiard room, and fitness center, while the HOA takes care of front yard maintenance. Perfectly located near shopping, hospitals, and entertainment, this home promises the ultimate blend of relaxation and convenience. It's a true haven waiting to welcome you!
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| Mar 13, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017