$342,000
●
House -
Off Market
27370 Pinehurst Road
Menifee, CA 92586
2 Beds
2 Baths
1,460 Ft²
$1,800
Est. Monthly
$34
HOA / Fees
7.23%
Cap Rate
About This Property
BIG PRICE REDUCTION... Welcome to this warm and inviting
southern California Oasis. A senior home located in the Sun City
Civic Association, perfect for active adults 55+. This inviting
residence features 2 bedrooms and 2 bathrooms, with stylish
laminate flooring, new carpet in the bedrooms and ceiling fans to
keep you cool. Enjoy the convenience of a laundry room with ample
storage space. The drywalled 2-car garage offers additional storage
options. Relax in the enclosed lanai or on the screened-in porch,
ideal for enjoying the outdoors in comfort.
SCCA provides numerous activities including an indoor tournament shuffleboard court, tournament horseshoe pits, a fitness center, two pools, spa, tournament lawn bowling and a variety of clubs and social activities, all of which enrich Sun City's active 55+ adult lifestyle. Sun City is dedicated to making your retirement the best that it can be! Information taken from the Sun City website.
SCCA provides numerous activities including an indoor tournament shuffleboard court, tournament horseshoe pits, a fitness center, two pools, spa, tournament lawn bowling and a variety of clubs and social activities, all of which enrich Sun City's active 55+ adult lifestyle. Sun City is dedicated to making your retirement the best that it can be! Information taken from the Sun City website.
Unit Size
1,460 Ft²
Days on Market
147 days
Land Size
0.16 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
$34
Year Built
1964
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Cap Rate Calculator
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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: 2 years ago (CRMLS #IV24120373)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 31, 2024 | Price Decreased |
$359,500
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Aug 25, 2024 | Price Decreased |
$374,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sun City
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Listed by: DIXIE ROBERTS, DIXIE ROBERTS, BROKER
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24120373
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV24120373
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