$485,000
●
House -
Off Market
27678 Moonridge Drive
Menifee, CA 92585
3 Beds
2 Baths
1,139 Ft²
$2,450
Est. Monthly
$93
HOA / Fees
7.02%
Cap Rate
About This Property
Step into modern elegance with this beautifully remodeled home in
the heart of Menifee's sought-after Hillpointe community! Every
inch of this home has been thoughtfully upgraded to offer both
style and functionality. From the brand-new flooring that flows
seamlessly throughout to the stunningly remodeled kitchen featuring
sleek countertops, modern cabinetry, and updated appliances-this
home is move-in ready and waiting for you.
Enjoy the comfort of newly remodeled bathrooms, designed with contemporary finishes for a spa-like feel. The brand-new windows invite in an abundance of natural light while enhancing energy efficiency. Plus, the tankless water heater ensures endless hot water and lower utility bills!
Beyond the upgrades, this home is nestled in a vibrant community offering great amenities, parks, and easy access to shopping, dining, and top-rated schools. With all these incredible updates and an unbeatable location, this is an opportunity you don't want to miss!
Don't wait-schedule your showing today and make this dream home yours!
Enjoy the comfort of newly remodeled bathrooms, designed with contemporary finishes for a spa-like feel. The brand-new windows invite in an abundance of natural light while enhancing energy efficiency. Plus, the tankless water heater ensures endless hot water and lower utility bills!
Beyond the upgrades, this home is nestled in a vibrant community offering great amenities, parks, and easy access to shopping, dining, and top-rated schools. With all these incredible updates and an unbeatable location, this is an opportunity you don't want to miss!
Don't wait-schedule your showing today and make this dream home yours!
Unit Size
1,139 Ft²
Days on Market
50 days
Land Size
0.11 acres
Price per sqft
$421
Property Type
House
Property Taxes
-
HOA Dues
$93
Year Built
1988
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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 #CV25054709)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed by KW VISION | $479,999 | |
| Listed by KW VISION | |||
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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Status
Status
Type
Beds
Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Christian Martinez, KW VISION
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV25054709
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV25054709
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