40121 Corte Calanova
About This Property
Community :
Enjoy 24/7 gate and patrol services, a friendly atmosphere, and a variety of activities .The Colony's standout feature is its all-inclusive clubhouse, offering a fitness center, lounge, art studios, ballroom, kitchen, theater, library, salon, music room, and billiards/card rooms. Outside, residents enjoy a resort-style pool, whirlpool spa, BBQ area, patio, picnic pavilion, and scenic walking/biking trails along lake. Recreational facilities include tennis, pickleball, bocce ball, and shuffleboard courts, managed by an on-site activities director. The clubhouse hosts numerous clubs, classes, and activities, from aerobics and birdwatching to Zumba and wine tasting. The Valued HOA with its unmatched amenities and vibrant lifestyle, The Colony stands out as the premier 55+community in the Murrieta-Temecula area. Low Tax and closed to shopping centers,hospitals and freeways.
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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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | Listed by Signature One Realty Group, Inc | $635,000 | |
| Listed by Signature One Realty Group, Inc | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 13, 2021 | In contract | - | |
| In contract | |||
| Apr 16, 2021 | Listed by eXp Realty of California, Inc. | $479,800 | |
| Listed by eXp Realty of California, Inc. | |||
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One of the LARGEST HOMES in The Colony of Murrieta, this SINGLE STORY well maintained home is ready for you to call home! Golf course and mountain views from the end of the street, this home has a very open floor plan with two large guest rooms on the opposite end of the home (perfect for additional family member or caregiver), a LARGE family room with a sink and tons of cabinets. Master bedroom boasts a large vanity area, including bathtub and walk in shower. The entertainer's kitchen is an eat-in style with skylights, window sink and LOTS of storage space with room for an ISLAND too! Neutral paint and gently used carpet makes this home the perfect choice! The manager has listed the unit size as 2010 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017