$452,900
●
House -
Off Market
25876 Ridgemoor Road
Menifee, CA 92586
3 Beds
2 Baths
1,674 Ft²
$2,294
Est. Monthly
$35
HOA / Fees
7.54%
Cap Rate
About This Property
This beautiful home in a vibrant 55+ community offers modern
upgrades and a refreshed look inside and out. Featuring new plank
flooring, updated light fixtures, and ceiling fans throughout, the
entire interior and exterior has been freshly painted. A Whole
house fan. The exterior boasts a refreshed landscaping for added
curb appeal. With 3 spacious bedrooms, two bathrooms, a cozy family
room, and a bright breakfast room, this home provides plenty of
living space. A separate laundry room inside and a two-car garage
offer convenience, while the covered patio is perfect for relaxing
or entertaining outdoors. Close to Shopping, Medical offices,
Hospitals, Freeway and resturants! The Sun City HOA offers a wide
range of activities for the active Senior. These include
recreational options like shuffleboard, horseshoe pits, and a
well-equipped fitness center. For those who enjoy water activities,
there are 2 pools and a spa, providing opportunities for relaxation
and exercise!
Unit Size
1,674 Ft²
Days on Market
52 days
Land Size
0.20 acres
Price per sqft
$275
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
1965
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Cap Rate Calculator
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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: 2 years ago (CRMLS #SW24202352)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 1, 2024 | Listed by Re/Max Diamond Prestige | $459,900 | |
| Listed by Re/Max Diamond Prestige | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sun City
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Listed by: Antonio Rios, Re/Max Diamond Prestige
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24202352
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24202352
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