$282,500
●
House -
Off Market
26346 Ridgemoor Road
Menifee, CA 92586
3 Beds
2 Baths
1,674 Ft²
$422,002
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Spectacular single level home "on the golf course" in Sun City.
This exceptional home features 3 spacious bedrooms, 2 bathrooms and
breathtaking views out the back covered patio. Easy to maintain
hardscape ensures that you will have plenty of time to relax after
a long day in your backyard lined with citrus trees and a Chinese
Elm. Bonus area is currently being used as an office and a
large utility room provides additional storage as well as the
convenience of indoor laundry. The extended two-car garage with
epoxy flooring and metal shelving lends lots of storage for more
than just the cars and includes 220v wiring. Newer gas water heater
and kitchen appliances are just a few of the many updates you won't
want to miss. Recessed lighting and bright and fresh countertops
makes this kitchen sparkle. Video surveillance system with remote
stays with the home and the newer blinds and double paned windows
provide you that extra layer of comfort from the elements. Sun City
Civic Association's 55+ community offers many amenities with low
annual dues. This scenic oasis awaits you.
Unit Size
1,674 Ft²
Days on Market
22 days
Land Size
0.18 acres
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
$28
Year Built
1964
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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: 5 months ago (CRMLS #SW18057782)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2018 | Sold | ||
| Sold | |||
| Mar 6, 2018 | Listed by First Team Real Estate, Tem | $275,000 | |
| Listed by First Team Real Estate, Tem | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Sun City
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Listed by: Gina Johnson, First Team Real Estate, Tem
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18057782
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18057782
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