$305,000
●
House -
Off Market
25860 Musselburgh Drive
Menifee, CA 92586
2 Beds
2 Baths
1,750 Ft²
$405,404
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
This upgraded 2 bedroom, 2 bath home is located in Menifee's 55+
Active Adult Community. Newer windows with wood shutters and
ceiling fans throughout the home. The large kitchen has Corian
counter tops and custom cabinets. Bonus room/Lanai is great for
entertaining with a pool table that has a removable ping-pong
tabletop! Main bedroom has 2 closets and the secondary bedroom is
generously sized. Plenty of closets and storage spaces throughout
the home. The 2 car garage has a separate tool room/workshop with a
sink and a door leading to the backyard. Outside has an alumawood
patio cover and includes a natural gas BBQ. There are 12 different
fruit trees, all on drip system. Huge garden area with at least 8
different fruits and vegetables to enjoy. Low tax rate! The
Community Amenities include clubhouse, pool, BBQ, sport courts and
golf nearby.
Unit Size
1,750 Ft²
Days on Market
53 days
Land Size
0.17 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
$32
Year Built
1966
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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 #SW20152127)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Redfin Corporation | $299,900 | |
| Listed by Redfin Corporation | |||
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
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Sun City
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Listed by: Valerie Carlson, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20152127
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20152127
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