$654,227
●
House -
Off Market
27271 Lute Lane
Menifee, CA 92585
4 Beds
3 Baths
2,589 Ft²
$3,307
Est. Monthly
$94
HOA / Fees
About This Property
NEW CONSTRUCTION! This new two-story home is host to a
spacious open-concept layout on the first floor, combining the
kitchen, living and dining areas for simple everyday transitions
and multitasking. A convenient bedroom is located near the front of
the home, perfect as an office or guest suite. On the second floor,
two bedrooms and a luxurious owner's suite surround an inviting and
flexible loft.
Armonia is a new series offering brand-new single family homes for sale now selling in the Legado masterplan in Menifee, CA. The community offers an amenity-rich lifestyle with access to a modern clubhouse, sport courts, multiuse trails and much more. Nature lovers will enjoy ample outdoor recreation on nearby Lake Menifee and at Menifee Lakes Park or Paloma Valley Park. The Promenade at Menifee Valley is a local shopping center with an array of shopping, dining and entertainment options.
Armonia is a new series offering brand-new single family homes for sale now selling in the Legado masterplan in Menifee, CA. The community offers an amenity-rich lifestyle with access to a modern clubhouse, sport courts, multiuse trails and much more. Nature lovers will enjoy ample outdoor recreation on nearby Lake Menifee and at Menifee Lakes Park or Paloma Valley Park. The Promenade at Menifee Valley is a local shopping center with an array of shopping, dining and entertainment options.
Unit Size
2,589 Ft²
Days on Market
50 days
Land Size
0.16 acres
Price per sqft
$253
Property Type
House
Property Taxes
-
HOA Dues
$94
Year Built
-
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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: 13 days ago (CRMLS #SW26188180)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by Century 21 Masters | $654,227 | |
| Listed by Century 21 Masters | |||
Property Highlights
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About Menifee
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Listed by: Todd Myatt, Century 21 Masters
Last Updated: 13 days ago
Data Source: CRMLS, MLS# SW26188180
Last Updated: 13 days ago
Data Source: CRMLS, MLS# SW26188180
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