Listed by: Troy Shedeed, Realty Vault
$590,000
●
House -
Off Market
40589 Sunflower Road
Murrieta, CA 92562
3 Beds
2 Baths
1,367 Ft²
$2,848
Est. Monthly
About This Property
LOW TAX ALERT! WOW! What a location! This very clean, single-story
backs to the Cal Oaks Sports Park; easy walk to all kinds of
shopping, also easy walk to Shivela Middle School, and Murrieta
Mesa High School. 1367 square feet, 3 bedrooms, 2 full bathrooms,
and large nearly 7,000 square foot lot perfect for accessory
dwelling unit (ADU), addition, and a pool! Home features a brand
new AC, fresh paint, and brand new stainless steel dishwasher and
microwave. Take the back gate for your nightly walks around the
park. Get the closest seats in the house for Murrieta's Annual
Birthday and Fireworks Bash and the Annual Fathers' Day Car Show.
Regardless of if you are first- or last-time buyer, this property
brings a quality of life that is hard to compete with. Make this
one a "must see."
Unit Size
1,367 Ft²
Days on Market
21 days
Land Size
0.16 acres
Price per sqft
$424
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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: 3 years ago (CRMLS #SW24150526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Realty Vault | $580,000 | |
| Listed by Realty Vault | |||
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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ft²
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Sold On
Sold On
HOA + Taxes
About Murrieta Oaks
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Listed by: Troy Shedeed, Realty Vault
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24150526
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24150526
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