$660,000
●
House -
Off Market
40744 Mountain Pride Drive
Murrieta, CA 92562
3 Beds
3 Baths,
1
Half Bath
2,105 Ft²
$3,309
Est. Monthly
About This Property
Step in and experience a highly refreshed residence located in a
tranquil neighborhood in Murrieta. Beat the heat with an OWNED
22-Panel solar system and state of the art QUIET-COOL AC system. In
the morning and evening this revolutionary system pulls in cool
fresh-air from outside and expels stale hot air out of the attic
vents prolonging the life of your AC and saving serious money. Upon
entering the grand foyer a custom mahogany staircase sets an
elegant tone. The upgraded flooring flows seamlessly through the
open-concept living spaces, highlighted by a new custom gas
fireplace that invites cozy gatherings. The remodeled kitchen is a
chef's delight, featuring top-of-the-line appliances and
sophisticated finishes. Every detail has been thoughtfully curated
and includes a NEST thermostat, electric car charger, and upgraded
electrical panel! The two fully remodeled bathrooms offer serene,
spa-like retreats. Nestled in a desirable location close to the 15
Fwy, this home effortlessly blends timeless elegance with
contemporary upgrades.
Unit Size
2,105 Ft²
Days on Market
57 days
Land Size
0.15 acres
Price per sqft
$320
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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 #OC24121009)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Real Broker | $673,900 | |
| Listed by Real Broker | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Murrieta
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Listed by: Justin Tye, Real Broker
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24121009
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24121009
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