1411 Scenic Way
About This Property
The backyard is designed for entertaining with ample space for gatherings and the potential for RV parking. Additional features include ceiling fans throughout, a beautifully framed fireplace, a three-car garage with an extended driveway, and a fully landscaped yard, all tucked into a peaceful cul-de-sac. Conveniently located near Lake Perris, within the Val Verde Unified School District, and close to May Ranch Elementary, this home combines comfort, style, and community living in one incredible package.
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by NEST REAL ESTATE | $635,000 | |
| Listed by NEST REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017