204 Punta Prieta Drive
About This Property
Welcome to this beautifully maintained 4-bedroom, 2-bathroom manufactured home on a permanent foundation, located in the heart of Perris, CA! This property offers a perfect blend of comfort and convenience with no HOA fees and easy access to major freeways, shopping centers, schools, and local amenities.
Step inside to find a bright and open floor plan featuring a large living area, a spacious kitchen with ample cabinetry, and a dining area perfect for gatherings. The primary suite includes a private bathroom and generous closet space, while three additional bedrooms offer plenty of room for family, guests, or a home office.
Outside, enjoy a low-maintenance yard with space for entertaining or relaxing. Whether you're a first-time buyer or looking for more space, this home is move-in ready and waiting for you!
Key Features:
• 4 Bedrooms / 2 Bathrooms
• Permanent Foundation – Qualifies for traditional financing
• No HOA
• Close to shopping, dining, and major freeways
• Spacious layout with natural light throughout
Don't miss this opportunity to own a well-located home with room to grow!
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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 5, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | Listed by Realty Masters & Associates | $389,000 | |
| Listed by Realty Masters & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017