$550,000
●
House -
Off Market
41608 Cherrybranch Avenue
Murrieta, CA 92562
4 Beds
2 Baths
2,516 Ft²
$793,654
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Gorgeous single story home located in the gated community of Big
Tree. Interior features an open kitchen with center island and
walk-in pantry. Elegantly upgraded with quartz counters and
decorative pendant lighting. The living area features a custom
built-in entertainment center and upgraded stone fireplace. Neutral
tile flooring throughout entry, kitchen, and hallway. Spacious
bedrooms with ceiling fans and large walk-in closet in the master.
Three-car tandem garage. Exterior features a beautiful pool and
spa, fire pit, and patio cover. Perfectly manicured yard with lush
landscape. Separate patio off the kitchen. Located just down the
street from award-winning schools and near shopping, dining,
recreation, and entertainment.
Unit Size
2,516 Ft²
Days on Market
56 days
Land Size
0.22 acres
Price per sqft
$215
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
2004
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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: 4 months ago (CRMLS #SW19082644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by Redfin Corporation | $539,900 | |
| Listed by Redfin Corporation | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Murrieta
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Listed by: Kimberly Rehnquist, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19082644
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19082644
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