$315,000
●
House -
Off Market
26835 Potomac Drive
Menifee, CA 92586
3 Beds
2 Baths
1,484 Ft²
$471,933
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Beautiful senior home in 55+ community. Desirable 3 bd/ 2 ba
with attached 2 car garage with extra storage. Large RV
parking along the side of the house with gate, could be used for
boat or RV or large vehicle. Private backyard with beautiful
plants, shrubs and 4 citrus trees and patio cover. No
neighbors behind. Low maintenance yard. Large open
living space with laminate wood flooring throughout.
Fireplace in Living Room and 3 full bedrooms (they use one as
a den and one as an office but they all have full closets). Ceiling
fans in every room. Reverse osmosis water filtration system.
A/C and Water Heater recently replaced. Pride of ownership
shows throughout the home. Low taxes, no HOA, near shopping
in Menifee. Great home in great location!
Unit Size
1,484 Ft²
Days on Market
70 days
Land Size
0.16 acres
Price per sqft
$217
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #SW19165049)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2023 | No longer available | - | |
| No longer available | |||
| Apr 29, 2023 | In contract | - | |
| In contract | |||
| Mar 21, 2023 | Relisted | $515,000 | |
| Relisted | |||
| Mar 20, 2023 | In contract | - | |
| In contract | |||
| Mar 3, 2023 | In contract | - | |
| In contract | |||
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Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
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
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Closing Price
Sold On
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HOA + Taxes
About Sun City
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Listed by: Harriet Jorn, Sonlight Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19165049
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19165049
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