Listed by: Lori Robinson, Coldwell Banker Assoc.Brks-CL
$410,000
●
House -
Off Market
27295 El Rancho Drive
Menifee, CA 92586
3 Beds
2 Baths
1,404 Ft²
$1,999
Est. Monthly
$34
HOA / Fees
8.60%
Cap Rate
About This Property
Highly sought Menifee Single Level Home in a beautiful 55+
Community. Featuring a nice large lot with 3 Bedrooms, 2 Bathrooms
and large indoor Laundry with spacious storage room. This unique
floor plan offers an open concept and is very light and bright.
Features include remodeled kitchen with granite countertops,
stainless appliances, recessed lighting, ceilings fans, upgraded
windows, tile floors, luxury vinyl flooring, newer water heater and
garbage disposal. Primary Bedroom with Double Closets. Large,
Backyard is your perfect blank canvas and perfect for entertaining.
Attached 1 Car Garage with direct access to the house. This home
offers Low Taxes and Low HOA and is conveniently located to the 215
Fwy, Shopping and Restaurants.
Unit Size
1,404 Ft²
Days on Market
63 days
Land Size
0.16 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
$34
Year Built
1964
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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 #SW24143417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Coldwell Banker Assoc.Brks-CL | $399,999 | |
| Listed by Coldwell Banker Assoc.Brks-CL | |||
Property Highlights
Garage
Air Conditioning
With View
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Sun City
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Listed by: Lori Robinson, Coldwell Banker Assoc.Brks-CL
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24143417
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24143417
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