40632 Corte Albara
About This Property
The heart of the home is an updated, sun-drenched kitchen boasting granite countertops throughout, modern appliances, and convenient direct access to the 2-car garage with ample storage. The primary suite comes with an upgraded ensuite bath that features a travertine shower with a bench seat, and walk-in closet.
Residents of The Colony enjoy world-class facilities including a clubhouse with a ballroom, theater, library, beauty salon, and gym. Outdoor recreation abounds with a pool, spa, tennis/pickleball courts, and miles of meandering trails. Situated in the heart of Murrieta with easy access to shopping, medical centers, and the California Oaks Golf Course. Experience the ultimate active senior lifestyle!
From the guard-gated security to the vibrant social calendar and championship amenities, 40632 Corte Albara isn't just a home-it's an invitation to the best years of your life. Whether you're enjoying a quiet morning by the fireplace or a sunset walk through the community's lush trails, this is the turnkey opportunity you've been waiting for. Don't let this amazing home slip away-schedule your tour today!
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Price Decreased |
$475,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 5, 2026 | Listed by Trillion Real Estate | $480,000 | |
| Listed by Trillion Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017