$299,000
●
House -
Off Market
27808 Cannon Drive
Menifee, CA 92585
3 Beds
2 Baths
1,139 Ft²
$447,255
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
You've got to see this. Three-bedroom, two baths, attached two-car
garage. Open floorplan, convenient, comfortable. Tremendous starter
home! Living room fireplace. Laminate flooring throughout, upgraded
island kitchen and sink. Garden backyard, cross fenced for the easy
keeping of pets. Quiet neighborhood. Close to shopping, schools,
freeway, parks, play areas. Fun HOA pool and amenities but low HOA
dues. See it today...while you can.
Unit Size
1,139 Ft²
Days on Market
43 days
Land Size
0.09 acres
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
$65
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 #SW19028575)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by William Johnson, Broker | $425,000 | |
| Listed by William Johnson, Broker | |||
| | |||
|
Discover this beautifully maintained 3-bedroom, 2-bathroom single-family home located in a prime Menifee neighborhood. Nestled near the local clubhouse and pool, this home combines convenience and comfort.
The living room features a cozy fireplace and stunning hardwood flooring throughout. The kitchen comes fully equipped with a fridge, dishwasher, and washer/dryer, making it move-in ready. Enjoy year-round comfort with central HVAC and energy-efficient double-pane windows.
Built with durable stucco construction on a concrete foundation, the home boasts a shingle roof and a spacious attached 2-car garage. The newer electric water heater (just 5 years old) ensures modern efficiency.
With its thoughtful design, proximity to amenities, and excellent utility setup (electric, water, and gas), this home is a perfect blend of style and practicality.
For inquiries and to schedule viewings, please reach out to the seller's main point of contact.
| |||
| Mar 22, 2019 | Sold | ||
| Sold | |||
| Feb 7, 2019 | Listed by Allison James Estates & Homes | $299,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Menifee
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Listed by: Walter Stoermer, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19028575
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19028575
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