26344 Spaniel Lane
About This Property
The home features a spacious and functional floor plan, with comfortable living areas and a wonderful California Room/patio that provides the perfect spot for morning coffee, outdoor dining, or gathering with friends and family. The large lot offers endless possibilities for gardening, entertaining, or simply enjoying your own private outdoor space. Solar panels add energy-efficient benefits and can help reduce utility costs. With its desirable 55+ community setting, spacious lot, outdoor living space, and solar, this home offers an excellent opportunity for the right buyer. Priced to move quickly - don't miss your chance to make this Menifee home your own!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Relisted | $339,999 | |
| Relisted | |||
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2026 | Price Decreased |
$339,999
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Sep 15, 2026 | Listed by Journey Real Estate | $349,999 | |
| Listed by Journey Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017