$328,000
●
House -
Off Market
27370 Potomac Drive
Menifee, CA 92586
2 Beds
1 Bath
1,550 Ft²
$497,193
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Senior 55+ home with RV parking in the very desirable Serenade
community! Look no further for your perfect retirement home.
Bay view window and a cozy fireplace greet you as you enter
the spacious living room of this 2 bd/2 bath home with solar lease
and open-concept kitchen and family room, and beautiful, insulated
Alumawood back patio cover with ceiling fans! The front yard
is landscaped & low-maintenance with great curb appeal including a
very nice RV gate. Formal dining room has direct access to
the kitchen. The master and guest bedrooms are good sized and
conveniently located near the family room and garage entry door.
This lovely home offers an attached two car garage. An
inside laundry area is near both bedrooms. The home is
located near Newport Road, Menifee's main street, with close
proximity to the future Menifee Town Center, the Countryside
Marketplace, the Cherry Hills Shopping Center and many dining,
banking and retail options. This great home will not last long!
Unit Size
1,550 Ft²
Days on Market
67 days
Land Size
0.16 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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: 4 months ago (CRMLS #SW18077809)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by Rancon Real Estate-Murrieta | $328,000 | |
| Listed by Rancon Real Estate-Murrieta | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Sun City
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Listed by: Glenn Kean, Rancon Real Estate-Murrieta
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18077809
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18077809
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