$559,000
●
House -
Off Market
26688 Opalescent Drive
Menifee, CA 92584
3 Beds
2 Baths
1,656 Ft²
$2,849
Est. Monthly
$104
HOA / Fees
6.11%
Cap Rate
About This Property
Located in the Orchid-Primrose community, a gated 55+ active
community. Loaded with outstanding amenities including, pool,
spa, pickleball, clubhouse, gym & more! Charming and
delightful single story boasting an open floor plan appointed with
rich, laminate flooring, high ceilings, recessed lighting, shutters
and ample windows. You will love this gourmet island kitchen
featuring granite slab counters, stainless appliances, abundant
cabinets and pantry. The laundry room is conveniently located
and is apppointed with a granite counter and sink. Spacious
great room with fireplace overlooking the private backyard enhanced
with a covered patio, storage shed & horse shoe pit. This lovely
home is ready to be enjoyed. Come take a look today!
Unit Size
1,656 Ft²
Days on Market
35 days
Land Size
0.14 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
$104
Year Built
2017
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Cap Rate Calculator
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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: 3 years ago (CRMLS #SW24169210)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Inland Realty Services | $559,000 | |
| Listed by Inland Realty Services | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: Sharilyn Potts, Inland Realty Services
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24169210
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24169210
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