$267,000
●
House -
Off Market
27325 El Rancho DR
Menifee, CA 92586
2 Beds
1 Bath
992 Ft²
$1,228
Est. Monthly
About This Property
Welcome to this charming 2 bed 1 bath home. Located in a quiet 55+
neighborhood, this cozy 992 sq ft property is full of potential and
is perfect for those seeking a project to make their own. The
original features of the home provide a unique character that is
hard to find in newer homes. The living room is bright and
spacious, with large windows that let in plenty of natural light.
The kitchen is just waiting for a creative touch to turn it into a
culinary masterpiece. The two bedrooms are cozy and comfortable,
with plenty of space to make them your own. The backyard is a great
space for outdoor activities, from BBQs to gardening. The lot is
large enough to accommodate a variety of activities. Don't miss out
on this amazing opportunity to create your own dream home!
Unit Size
992 Ft²
Days on Market
44 days
Land Size
0.16 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
-
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: 12 months ago (SDMLS #SDC0000803SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by Allison James Estates & Homes | $404,990 | |
| Listed by Allison James Estates & Homes | |||
| | |||
|
Discover this fully remodeled home located in the sought-after 55+ community of Sun City. Enjoy the peaceful setting with no neighbors across the street and a host of new, high-quality upgrades throughout the property. The gourmet chef's kitchen features all-new cabinetry, modern appliances, and ample storage, while the primary suite includes a luxurious spa-like bathroom with walk-in shower. This home is designed for comfort and convenience, with an indoor laundry room, new windows, LED recessed lighting, upgraded doors, a brand-new HVAC system, and a fully fenced backyard for added privacy. Attached garage included. Sun City Civic Association provides residents with access to a large clubhouse, multiple pools, and a variety of activities for active seniors. This home and location offer an incredible combination of style, comfort, and community. Conveniently close to shopping, dining, and entertainment, this home offers both lifestyle and location. Schedule a showing today—this show-stopper won’t last long!
| |||
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by Real Broker | $250,000 | |
| Listed by Real Broker | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Sun City
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Listed by: Heather Wedmore, Real Broker
Last Updated: 12 months ago
Data Source: CRMLS, MLS# SDC0000803SD
Last Updated: 12 months ago
Data Source: CRMLS, MLS# SDC0000803SD
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