40717 Corte Albara
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$460,000
↓ $35K
(7.1%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$494,900
↓ $15K
(3%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by REALTY MASTERS & ASSOCIATES | $509,990 | |
| Listed by REALTY MASTERS & ASSOCIATES | |||
| Jun 25, 2025 | Relisted | $515,900 | |
| Relisted | |||
| Mar 27, 2024 | Listed | $495,000 | |
| Listed | |||
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This wonderful single-story home is located in the Colony, Murrieta's premier gate-guarded 55+ community. The Colony provides numerous amenities such as a swimming pool, spa, clubhouse, barbeques, salon, tennis courts, golf course, and may other special programs and activities. This freshly painted home features 3 bedrooms, 2 bathrooms, and an open living room/dining area with a cozy fireplace. The master bedroom opens to a spacious bathroom which includes a dual vanity and walk-in closet. During the day, the kitchen is illuminated by natural light and has plenty of counter space in the fully remodeled kitchen with stainless steel appliances. The private backyard without a home behind it is perfect for afternoons with family and friends. Solar produces plenty of power for huge savings. Shopping, casinos, a movie theater, and wineries are all nearby. Priced for the buyer ready to make moves. Call now for more info!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017