26735 China Drive
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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%.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| May 11, 2021 | In contract | - | |
| In contract | |||
| Apr 22, 2021 | Listed | $370,000 | |
| Listed | |||
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Beautiful, clean and upgraded single-story home in a gated 55+ community. “The Club” is a highly desired community located in Menifee. This home is turnkey! Featuring 3 Bedrooms, 2 Bathrooms (3rd bedroom is currently being used as a den). Open Floor plan, with double-sided fireplace for you enjoyment in the living and dining room. Ceramic tile floors in entry, hall, kitchen and bathrooms. Carpet in living room and bedrooms is in great condition. Vaulted ceilings, ceiling fans, 6-panel doors and designer paint throughout. Kitchen features granite counters, stainless steel appliances, walk-in pantry, pull-out drawers and island with storage. The large master bedroom and has a walk-in closet and dual sinks. 2nd bedroom also has a walk-in closet. Easy maintenance in front yard and back yard. Back yard has a nice covered patio area, 2 orange trees, a pear tree and a fig tree. 2-car garage with lots of storage, wired for ADT, plus home is next to the clubhouse walkway. The amenities at “The Club” include: heated pool & spa, BBQ area, Game Room, Library, Tennis Court, Basketball Court, Exercise Room, Horseshoes and secure on-site RV Storage (available for a small fee). Don't miss seeing this beautiful home in one of the TOP RATED communities in SW Riverside County! Only minutes from medical offices, dining, multiple golf courses and the Menifee Town Center. The manager has listed the unit size as 1776 square feet.
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| Oct 1, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Rancon Real Estate-Murrieta | $317,888 | |
| Listed by Rancon Real Estate-Murrieta | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017