$325,000
●
Mobile Manufactured -
Off Market
20290 Palomar Street
Wildomar, CA 92595
3 Beds
1 Bath
1,975 Ft²
$491,734
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Fabulous mountain views from this hard to find one acre plus
property! Beautiful serene location with updated manufactured home
on a 433 foundation. Many new upgrades throughout, including new
interior & exterior paint, new roof, new light fixtures and more.
Home features large living room for entertainment, country kitchen,
formal dining area, family room with fireplace, bonus room, master
bedroom and spacious master bath with dual vanities, separate tub &
shower, plus two additional bedrooms. Previous owner added addition
to back of home for extra square footage. Possible lot split to 1/2
acre parcels, check with City of Wildomar. Property has sheds /
outbuildings for all your storage. Lots of mature lush trees
including several citrus trees. Plenty of space outside for pets,
horses, garden or your RV or boat! Close to local sports park. No
HOA & low tax area. Situated near the 15 Frwy for easy access.
Enjoy the views and sunsets from your back patio. This is a rare
property that will not last! List of additional upgrades upon
request.
Unit Size
1,975 Ft²
Days on Market
49 days
Land Size
1.11 acres
Price per sqft
$165
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1984
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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: 5 months ago (CRMLS #SW18117393)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $325,000 | |
| Listed | |||
| | |||
|
Fabulous mountain views from this hard to find one acre+ property! Beautiful serene location with updated manufactured home on a 433A foundation. Many new upgrades throughout, including new interior & exterior paint, new light fixtures and more. Home features large living room for entertainment, country kitchen, formal dining area, family room, master bedroom with spacious master bath with dual vanities, separate tub & shower. Previous owner added addition to back of home for extra square footage. Property has sheds / outbuildings for all your storage. Lots of mature lush trees including several citrus trees. Plenty of space outside for pets, horses, garden or your RV or boat! Situated near the 15 Frwy for easy access. Country living, close to everything. This is a rare property that will not last! The manager has listed the unit size as 1975 square feet.
| |||
| May 18, 2018 | Listed by HOMESMART | $325,000 | |
| Listed by HOMESMART | |||
Property Highlights
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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wildomar
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Listed by: Lisa Schwahn, HOMESMART
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18117393
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18117393
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