$500,000
●
House -
Off Market
21570 Walnut Street
Wildomar, CA 92595
4 Beds
2 Baths
2,094 Ft²
$749,966
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
YOUR ATTENTION PLEASE! The search has ended! This is no ordinary
home; it's a compound. 3 homes on 1 lot. Come tour this spacious
main ranch style single story home on a generous plot of land that
harkens back to the comfortable times of good old fashioned country
living, with an abundance of modern convenience. Enter through a
neighborly front porch to an inviting living room with fireplace
that scream hello, sit down and relax awhile. Large kitchen and
dining room adjoins. This home offers large bedrooms, and a master
suite that is the size of Texas (not actually measured by agent,
but best guesstimate). Interior laundry room, large closets, extra
storage closets, and if not enough, 3 ways to exit to your spacious
just under 2 acre back yard from any of the back facing rooms. RV
and trailer access. Horse property. 3 separate Large detached 2 car
garages. 2 single story 1 bedroom manufactured homes 1 approx. 896
sq. ft. and 1 approx. 944 sq. ft. large barn with vehicle pit 3/4
Bathroom and another 4 car tandem attached garage. Front and back
yard has lush manicured landscaping. Bring the wife, kids,
critters, and toys. There is room for all to roam. Opportunity is
knocking and this home demands attention. Check out attached
supplements for floor plan and detailed amenities. There is so many
opportunities with this property for work, live, and play.
Unit Size
2,094 Ft²
Days on Market
199 days
Land Size
1.87 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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: 4 months ago (CRMLS #EV19280297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Dec 10, 2019 | Listed by FARNAM & ASSOCIATES REAL ESTATE | $534,900 | |
| Listed by FARNAM & ASSOCIATES REAL ESTATE | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $465,000 | |
| Listed | |||
| | |||
|
Ranch style single story home with detach two car garage sits on approximately 1.87 acres with its own septic tank. Home has 3 good size bedrooms and 1 1/2 bathrooms. Kitchen has good amount of cabinets for storage and an island with a large dining area off kitchen area. A good size living room with fireplace. Separate laundry room. Home has two car detach garage. Property has two single wide mobile homes each one has 1 bath/1bedroom with added front porch. One mobile size is approximate 12 x 48 and other mobile approximate size 12 x 52 and each mobile has detach two car garage. Both mobiles have heat/air conditioning without 433 certs. Each mobile has septic tank that is shared and hook up to gas line and electricity hookups from street. There is also a large workshop 4 car tandem garage. Property is all fenced in with remote to main gate to enter property. . Property is close to schools and access to freeway. The manager has listed the unit size as 2094 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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About Wildomar
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Listed by: SCOTT FARNAM, FARNAM & ASSOCIATES REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19280297
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV19280297
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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