$400,000
●
House -
Off Market
25287 Hitch Rail Lane
Menifee, CA 92584
5 Beds
3 Baths
2,466 Ft²
$649,348
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
PRICE REDUCTION!! Open House Nov. 11-12 from 12pm-4pm
Don't miss your opportunity to own a beautiful home in the master planned community of Audie Murphy Ranch. This 2015 built, 2 story home offers 2,466 sq. ft. of living space, 5 bedrooms, 3 full bath (1 bedroom and 1 full bath downstairs), great room, dining area, large laundry room with sink and storage area; did I mention the INCLUDED high end WASHER and DRYER!! Large loft and 2 car garage. Home boasts covered entryway with lighting, low maintenance landscape, upgraded granite kitchen counter tops, stainless steel appliances, large center island, ceiling fans, open floorpan, window coverings, dual pane windows, energy efficient heating and A/C, recessed lighting, no fuss and easy to clean flooring. Home sits on a large 6,098 sq. ft. lot with endless possibilities! Community includes walking/riding trails, sports fields, 3 pools, a clubhouse, BBQ area and fire pits. Walk your kiddos to the NEW elementary school opening in 2018. Just minutes to both 215 and 15 freeways, large shopping centers and the new IMAX movie complex to be completed by 2019!! Come see what all the talk is about!
Don't miss your opportunity to own a beautiful home in the master planned community of Audie Murphy Ranch. This 2015 built, 2 story home offers 2,466 sq. ft. of living space, 5 bedrooms, 3 full bath (1 bedroom and 1 full bath downstairs), great room, dining area, large laundry room with sink and storage area; did I mention the INCLUDED high end WASHER and DRYER!! Large loft and 2 car garage. Home boasts covered entryway with lighting, low maintenance landscape, upgraded granite kitchen counter tops, stainless steel appliances, large center island, ceiling fans, open floorpan, window coverings, dual pane windows, energy efficient heating and A/C, recessed lighting, no fuss and easy to clean flooring. Home sits on a large 6,098 sq. ft. lot with endless possibilities! Community includes walking/riding trails, sports fields, 3 pools, a clubhouse, BBQ area and fire pits. Walk your kiddos to the NEW elementary school opening in 2018. Just minutes to both 215 and 15 freeways, large shopping centers and the new IMAX movie complex to be completed by 2019!! Come see what all the talk is about!
Unit Size
2,466 Ft²
Days on Market
71 days
Land Size
0.14 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
$99
Year Built
2015
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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 #OC17234364)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2017 | Sold | ||
| Sold | |||
| Oct 11, 2017 | Listed by Realty One Group Inc | $409,900 | |
| Listed by Realty One Group Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Menifee
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Listed by: Michelle Child, Realty One Group Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17234364
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC17234364
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