$352,500
●
House -
Off Market
23441 Cheyenne Canyon Drive
Menifee, CA 92587
3 Beds
2 Baths
1,785 Ft²
$526,413
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
THIS IS A MUST SEE HOME! If you are looking for a beautiful turnkey
property, LOOK NO FURTHER! This GORGEOUS house features 3 Bedrooms
~ 2.5 Baths ~ Plus an enclosed office that can easily be converted
into a 4th bedroom. Boasting a spacious 1,785 +/- square feet, this
home truly has it all. A spacious open floor plan with tons of
natural light ~ Formal living room~ Formal dining room ~ Family
room. The Kitchen is open to the family room which is great for
ENTERTAINING ~ MASTER RETREAT with a walk in closet ~ Stunning dark
WOOD LAMINATE FLOORS throughout ~ In Door Laundry room ~ Fresh NEW
Neutral PAINT throughout ~ NEW LIGHT FIXTURES throughout ~ 2 car
garage ~ BUILT IN FIRE PIT in the backyard with low maintenance
desert landscape. Front yard has Lush green landscape giving this
home amazing curb appeal. BEAUTIFUL MOUNTAIN VIEWS. No front facing
neighbors. Located on an 11,761 square foot lot with enough space
to easily add a pool and much more. Come discover this desirable
Canyon Heights Community in Menifee. Close to schools, shopping and
entertainment.
Unit Size
1,785 Ft²
Days on Market
38 days
Land Size
0.27 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
2006
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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 #SW19255914)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by Rancon Real Estate-Murrieta | $359,900 | |
| Listed by Rancon Real Estate-Murrieta | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chase Lytle, Rancon Real Estate-Murrieta
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19255914
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19255914
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