27042 Rangewood
About This Property
The inviting living spaces are filled with natural light and flow seamlessly into the kitchen, complete with updated appliances, generous cabinetry, and a functional layout ideal for everyday living and entertaining alike. The spacious primary suite offers privacy and comfort, while the secondary bedroom provides flexibility for guests, hobbies, or a home office.
Outside, enjoy refreshed landscaping and a private backyard space perfect for relaxing morning coffee or evening gatherings. Conveniently located near shopping, dining, golf, medical facilities, and freeway access, this move-in ready home offers the perfect blend of convenience and relaxed senior living in the heart of Menifee.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Coldwell Banker Assoc Brkr-SC | $355,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017