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40120 Paseo Del Sol
About This Property
Step outside to a backyard built for relaxing and entertaining, complete with a cozy fire pit and a storage shed for extra space and organization. Added privacy comes courtesy of no neighbors on one side. This great community is a wonderful place to call home, whether you're a first-time buyer ready to put down roots or looking to downsize into an easier, single-story lifestyle.
First-time home buyer programs may apply, don't miss the opportunity to own this fantastic property in one of Murrieta's most convenient locations!
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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 |
|---|---|---|---|
| Oct 6, 2026 | Relisted | $540,000 | |
| Relisted | |||
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Listed by Heritage Homes San Diego | $540,000 | |
| Listed by Heritage Homes San Diego | |||
| Aug 21, 2024 | Sold | ||
| Sold | |||
| May 19, 2024 | Listed by Big Block Realty | $559,000 | |
| Listed by Big Block Realty | |||
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^^^PRICE IMPROVEMENT^^^ Single story home on the corner lot located in the heart of Murrieta. NO HOA and LOW TAXES! The front yard is surrounded by greenery, flowers, cherry blossom tree and grape vines. As you walk into the home, you will see a cozy window seat and an oversized fireplace in the family room adjacent to the kitchen. The bedrooms are around the corner with a large primary suite and two other bedrooms. There are sliding doors off the kitchen and primary bedroom that lead you to the back yard which is a gardeners delight with a plethora of potted plants and an abundance of fruit trees including peaches and oranges. There is also a a 2 story tuff shed for all your storage needs. The home also has Tesla solar, a newer water heater, new stove, new microwave and a whole house fan. You are only a short walk from public transportation, schools, shops and parks. Minutes from the 15 and the 215 highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017