15770 Half Moon Drive
About This Property
Key Features:
• Location: Prime lakeview location close to Ortega Hwy 74.
• Views: Panoramic views of Lake Elsinore and the surrounding hills.
• Outdoor Living: Deck and patio perfect for entertaining or enjoying peaceful evenings watching the sunset.
• Interior: Spacious living areas with large windows offering abundant natural light and capturing the beautiful lake views.
• Master Suite: Spacious master suite with a private balcony overlooking the lake, a luxurious ensuite bathroom, and ample closet space.
• Community: Enjoy a friendly neighborhood atmosphere with nearby parks, dining, and shopping options.
• Year-round Recreation: Water Activities, Lakefront Parks, Storm Stadium, Ortega Falls, Skydiving, Motocross, Historic Downtown and much more!
Enjoy boating, fishing, water skiing, and other water sports right from your backyard.
This lakefront retreat provides the perfect blend of natural beauty and tranquility, making it an ideal home for those seeking a waterfront lifestyle in Lake Elsinore.
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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 25, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $659,900 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017