$405,000
●
House -
Off Market
26416 Flaxleaf Drive
Menifee, CA 92584
5 Beds
3 Baths
2,690 Ft²
$586,502
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
What a beautiful move in ready home in a highly desirable Menifee
Community! This incredible home has a great floor plan with 5
Bedrooms and 3 Full Bathrooms plus a huge upstairs loft. One of the
bedrooms is DOWNSTAIRS with a full bathroom that would make for a
great guest room or in-law suite. Features include high ceilings in
the entry and living room, open concept layout, upgraded tile
flooring, new wood-laminate flooring, and custom paint. Kitchen
includes plenty of storage, granite counter tops, stainless steel
appliances, and a large island which opens up to your spacious
family room with a gas fireplace. Upstairs you will walk into the
HUGE loft that is a great second living area or playroom. The
Master Bedroom is large and the Master Bathroom has separate
shower, soaking tub and a huge walk-in closet. All bedrooms are
good sized and there is no carpet in the house. Out back you have
private rear yard with an extra large alumawood patio cover and
vinyl fence! Pride of ownership shows throughout the property. This
home is walking distance to great schools and also close to
shopping, freeways!
Unit Size
2,690 Ft²
Days on Market
44 days
Land Size
0.14 acres
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
$48
Year Built
2007
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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 #SW19143876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2019 | Sold | ||
| Sold | |||
| Jun 25, 2019 | Listed by Re/Max Real Pros | $400,000 | |
| Listed by Re/Max Real Pros | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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
Similar Homes for Sale
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Listed by: Justin Short, Re/Max Real Pros
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19143876
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19143876
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