$295,000
●
House -
Off Market
27687 Moonridge Drive
Menifee, CA 92585
3 Beds
2 Baths
1,207 Ft²
$452,151
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Great location on this 3 bedroom 2 bathroom single story Menifee
home located in the Hillpoint Homeowners Association. This 1207
square foot home was built in 1989 and sits on an easy to maintain
5227 square foot lot with a two car attached garage. The tiled
entry opens into the home with the kitchen and eating area on the
right and the living room on the left. The kitchen is open and a
good size with good amount of counter space and cabinet space with
single door access to the back patio. The living room has high
sloped ceilings with plenty of room a well as a fireplace. The
master bedroom has high ceilings and a master bathroom that
includes a large vanity with tile floors and walk in shower. The
hallway bathroom also has tile floors and a tub and shower combo.
The backyard makes great use of its size. The home has an amazing
location near the 215 freeway and is close to shopping, dining,
entertainment and medical facilities. HOA amenities include pool
and spas, as well as a large clubhouse with picnic and park areas.
LOW TAX & HOA! This home will not last!
Unit Size
1,207 Ft²
Days on Market
35 days
Land Size
0.12 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$62
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: 4 months ago (CRMLS #SW18012902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2018 | Sold | ||
| Sold | |||
| Dec 30, 2017 | Listed by Signature Real Estate Group | $289,000 | |
| Listed by Signature Real Estate Group | |||
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
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Baths
ft²
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Sold On
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HOA + Taxes
About Menifee
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Listed by: Melissa Solis, Signature Real Estate Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18012902
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18012902
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