$435,000
●
Mobile Manufactured -
Off Market
25320 Alexis Lane
Menifee, CA 92584
2 Beds
2 Baths
2,429 Ft²
$703,885
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Country Living at its BEST! Residential Mountain View Property,
gated in ground pool. Very Quiet! Close to new shopping. Plenty of
RV parking with full hook ups. Drip irrigation. Property is
completely fenced for animals. Low property tax. This is a Must See
property! View of pool, valley and mountains. Home features
spacious open living area with 2 fire places and view - 2 bedrooms,
2 bath, aprox. 1700 sq. ft. with attached 24'x 20' bonus room.
Attached 2 car garage, oversized alumawood covered patio with fish
pond. Gated area in the front with another oversized patio cover.
Pool 40' x 20' – Pool side Cabana has built-in BBQ.
Pool area also has an outdoor shower as well. If your
looking for a great property with lots of upgrades this is the one
for you! Home is on propane, city water, and septic. Old
wells are currently not in use.
Unit Size
2,429 Ft²
Days on Market
72 days
Land Size
2.09 acres
Price per sqft
$185
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #SW17268020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2018 | Sold | ||
| Sold | |||
| Dec 4, 2017 | Listed by Keller Williams Realty-TVMC | $449,900 | |
| Listed by Keller Williams Realty-TVMC | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About Menifee
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Listed by: Joseph Onello, Keller Williams Realty-TVMC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17268020
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17268020
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