40889 Robards Way
About This Property
The Remodeled Kitchen Showcases Updated Cabinetry, New Granite Countertops, And Stainless Steel Appliances, Offering Both Style And Function While Opening Seamlessly To The Dining And Family Room, Complete With Fireplace And Plenty Of Natural Light. A Small Dedicated Office Or Study Area Adds Flexibility For Remote Work Or School Needs.
The Primary Suite Features Vaulted Ceilings And A Spacious Layout, While The Bathrooms Have Been Thoughtfully Updated With New Cabinetry And Quartz Countertops For A Fresh, Modern Feel. Additional Bedrooms Are Generously Sized With Neutral Finishes And Ceiling Fans.
Step Outside To A Private Backyard Designed For Enjoyment And Easy Maintenance, Featuring Brand New Sod, A Freshly Painted Fence, And A Completely Covered Alumawood Patio Ideal For Outdoor Dining And Entertaining. The Above-Ground Spa Conveys, Offering A Perfect Space To Relax And Unwind.
This Home Offers Comfortable Single-Level Living With Stylish Upgrades Throughout, Located In An Established Neighborhood Close To Shopping, Dining, And Local Amenities.
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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 17, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by First Team Real Estate | $699,900 | |
| Listed by First Team Real Estate | |||
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About Murrieta
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017