0 Goetz
About This Property
This small, easily accessible lot in the growing city of Menifee is the perfect opportunity for investors or future homeowners. Located near local amenities, with easy access to major roads, this property offers potential for development or holding. Seller is motivated-act fast and bring your offer today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$29,900
↓ $5K
(14.6%) | |
| Price Decreased | |||
| Oct 22, 2024 | Listed by Keller Williams College Park | $35,000 | |
| Listed by Keller Williams College Park | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017