27609 Grosse Point
About This Property
Step inside to find a bright, welcoming layout featuring gorgeous new flooring, fresh paint, and energy-efficient dual pane windows that fill the space with natural light. The stunning kitchen is highlighted by brand new cabinets, elegant quartz countertops, and modern light fixtures. The bathrooms have been completely transformed with new vanities and a beautiful, easily accessible walk-in shower. Your year-round comfort and peace of mind are fully secured with a brand new air conditioning system and a brand new roof.
A versatile bonus room provides the perfect flexible space for a home office, a dedicated hobby studio, or a cozy den. Outside, the spacious backyard invites you to enjoy the beautiful Southern California weather under the expansive covered patio. The yard offers plenty of room to cultivate a private garden or plant your favorite fruit trees.
Living in the Menifee Sun City community means access to an active, engaging lifestyle. You are perfectly positioned near local shopping, medical facilities, and community centers that offer pools, social clubs, and recreational activities tailored to active adults. This pristine, zero-hassle home is ready for you to move in and start enjoying the community today.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017