$238,500
●
House -
Off Market
25651 Roylene Drive
Menifee, CA 92586
2 Beds
2 Baths
877 Ft²
$366,856
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
Perfect starter home!!!!! Don't pay high rent prices when you
can own and build your own equity! This upgraded property
features granite countertops in the kitchen, white painted
cabinetry, brand new stove with convection oven, dishwasher, and
refrigerator and newly installed 18 x 18 porcelain tile in the
living area and 12 x 12 matching tile in bathrooms and kitchen.
Entry way has 11 foot ceilings and plenty of windows for
natural light! Master bedroom has double doors and an
en-suite bathroom and upgraded genuine bamboo flooring!
Second bedroom also has genuine bamboo flooring and there's
window treatments throughout the home for privacy. One side
of property has beautiful new white vinyl fencing and a gated dog
run on the side. One of the few that has a two car garage and
home also has a quaint covered sitting area in the front and
another covered patio area in the backyard. LOW TAXES and NO
HOA! This home is move-in ready and must see in person!
Unit Size
877 Ft²
Days on Market
24 days
Land Size
0.10 acres
Price per sqft
$257
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #SW17061331)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2019 | Sold | ||
| Sold | |||
| Aug 2, 2019 | Listed by COLDWELL BANKER RES BROKERAGE | $274,300 | |
| Listed by COLDWELL BANKER RES BROKERAGE | |||
 | |||
|
An unbelievable rare NOT AGE RESTRICTED detached home in Menifee! This just might be the lowest price option at present for a NO AGE RESTRICTION community in Menifee with NO HOA, and LOW taxes. HVAC System only 2 years old.This home has nicely added touches like attractive light tile flooring, improved kitchen counters, neutral painting with spacious front living area. Upgraded lighting fixtures/switches, and ceiling fans. Double door entry master bedroom, upgraded cedarwood closet space saving system, high ceilings add light and space, front door security screen, enclosed fenced front yard sitting patio area, and covered back yard patio area for shade and entertaining. Gated back yard dog run. Tall stucco/cement back yard wall for privacy. Attached 2 car garage with laundry hook ups. Menifee is local to commute friendly freeways, large shopping and restaurant choices and beach/casino/mountain entertainment a short drive away!
| |||
| Apr 17, 2017 | Sold | ||
| Sold | |||
| Mar 24, 2017 | Listed by Tarbell, REALTORS | $225,000 | |
| Listed by Tarbell, REALTORS | |||
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
Listed On
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Sold On
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HOA + Taxes
About Sun City
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Listed by: Jennifer Wentz, Tarbell, REALTORS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17061331
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17061331
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