27451 El Rancho Drive
About This Property
Welcome to this inviting Menifee home, perfect for those seeking comfort and convenience. Featuring 2 bedrooms and 2 bathrooms, this home boasts fresh paint throughout, creating a bright and welcoming ambiance. The spacious living room opens to a versatile flex space, ideal as an office or formal dining room. The kitchen is a standout with stunning real stone countertops, ample cabinetry, and plenty of room for culinary creativity.
Additional highlights include a dedicated laundry room, an attached 1-car garage, and a whole-house fan to keep you cool and energy-efficient. The primary bathroom is currently being upgraded with a brand-new tile shower for added luxury.
Step outside to the expansive backyard-a true oasis with fruit trees and plenty of room for gardening, relaxing, or entertaining. Make this your dream space!
As part of a vibrant 55+ community, you'll enjoy access to incredible amenities like pools, a fitness center, a clubhouse, and a range of social activities. Conveniently located near the freeway, shopping, and restaurants, this home offers an ideal blend of tranquility and accessibility.
Don't miss your chance to own this charming gem-schedule a showing today!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Price Increased |
$369,990
↑ $11K
(3.1%) | |
| Price Increased | |||
| Jan 4, 2025 | Relisted | $358,880 | |
| Relisted | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017