$470,000
●
Mobile Manufactured -
Off Market
25530 Rolling Hills Drive
Menifee, CA 92584
4 Beds
2 Baths
1,584 Ft²
$790,497
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Over 2 ACRES!! BRING YOUR PETS, TOYS AND HORSES!! 4 bedroom,
2 bath manufactured home on permanent foundation. Just under 1,600
sqft. Home features wood flooring, galley style kitchen with
upgraded cabinets and counters. Wood burning fireplace, vaulted
ceilings, newer A/C and water heater, alarm system, vinyl low E
windows, new copper piping, expansive covered patio. PLUS a HUGE
detached 2,300 sqft WORKSHOP which includes a 2 car garage with 2
office spaces and a 1/2 bath. Workshop has its own subpanel and
220v. This completely fenced property also features a HORSE CORRAL,
jungle gym for the kids, over 120 mature trees on the
property including a citrus grove, and vegetable garden all on drip
system. Fruit trees: asian pear, fig, apricot, apples, grapefruit,
lime and much more..
Watch the Menifee Fireworks from your front porch along with gorgeous mountain views. This property is close to schools, shopping and the freeway. Located in one of the fastest growing cities in Southern California. Hurry before this one is gone!
Watch the Menifee Fireworks from your front porch along with gorgeous mountain views. This property is close to schools, shopping and the freeway. Located in one of the fastest growing cities in Southern California. Hurry before this one is gone!
Unit Size
1,584 Ft²
Days on Market
64 days
Land Size
2.40 acres
Price per sqft
$315
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #SW17228191)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2017 | Sold | ||
| Sold | |||
| Oct 4, 2017 | Listed by Coldwell Banker Assoc Brkr-SC | $499,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Menifee
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Listed by: Jennypher Moore, Coldwell Banker Assoc Brkr-SC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17228191
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17228191
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