$389,900
●
House -
Off Market
24925 Springbrook Way
Menifee, CA 92584
3 Beds
2 Baths
1,997 Ft²
$570,723
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Welcome home to this stunning single-story home featuring 3
bedrooms, office/den, 2 full bathrooms, and a large laundry room.
The spacious gourmet kitchen is upgraded with granite counters,
painted white cabinets with soft close hinges and slides, and
stainless steel appliances. Kitchen is open to the great room which
features a stone fireplace and custom mantle. The neutral color
palette of this home will complement any decor style. The spacious
master bedroom offers a walk-in closet and an en suite bathroom
that features a dual sink vanity and separate tub and shower.
Entertain in your gorgeous backyard boasting a stamped concrete
patio, Alumawood patio cover, above ground spa, and putting green.
Residents of the Newport Hills community are close to schools,
shopping, and entertainment.
Unit Size
1,997 Ft²
Days on Market
80 days
Land Size
0.16 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
$96
Year Built
2004
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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 #SW19196482)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2019 | Sold | ||
| Sold | |||
| Aug 16, 2019 | Listed by Redfin Corporation | $389,900 | |
| Listed by Redfin Corporation | |||
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
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Sun City
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Listed by: Kimberly Rehnquist, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19196482
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19196482
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