26361 Flaxleaf Drive
About This Property
Step inside to discover a harmonious blend of tile and carpet flooring, complemented by elegant granite countertops. The home boasts an inviting upstairs loft that serves as a versatile family room, ideal for relaxation or entertaining. Energy-efficient dual-pane windows ensure that your home remains comfortable and economical year-round.
The generous bedrooms are designed with comfort in mind, including a master suite featuring not one, but two walk-in closets. Need extra space? The downstairs den offers flexibility and can easily be transformed into a 5th bedroom to suit your needs.
Outside, the backyard is a true oasis with ample room for a pool, a spacious patio, and a stylish Alumawood patio cover with ceiling fans to keep you cool during warm days. Enjoy the privacy of vinyl side fencing, a block wall at the rear, and no neighbors behind you, creating a serene environment for outdoor gatherings or peaceful relaxation.
Don't miss out on the chance to make this remarkable Menifee home yours!
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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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Price Decreased |
$589,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $599,900 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017