$360,000
●
Mobile Manufactured -
Off Market
25991 Surrey Road
Menifee, CA 92584
3 Beds
2 Baths
1,440 Ft²
$549,465
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
MUST SEE TO APPRECIATE! TURN-KEY!!! Beautiful manufactured 3 bed 2
bath home is on a permanent foundation. This property is nearly an
acre and is perfect for all of your toys, animals, fully fenced
with electric gate, and has flat usable land. As you enter the home
you find new vinyl wood flooring, granite countertops, a beautiful
kitchen complete with white cabinets, oversized master bedroom and
bathroom, and a 312 sq ft permitted, attached sun room. There is a
detached 2 car garage next to the home and an additional two car
WORKSHOP! The home is newly painted and windows, AC unit, and
Electrical panel only 2 years old! LOW TAXES, NO HOA. Close to
shopping, schools, and centrally located between the 215 and 15
freeways. This property has it all!
Unit Size
1,440 Ft²
Days on Market
87 days
Land Size
0.84 acres
Price per sqft
$260
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1985
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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 #SW19148662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2019 | Sold | ||
| Sold | |||
| Jun 23, 2019 | Listed by Exit Alliance Realty | $374,900 | |
| Listed by Exit Alliance Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Menifee
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Listed by: Noah Thomason, Exit Alliance Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19148662
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19148662
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