$646,855
↓ $15K (2.3%)
●
House -
For Sale
27892 Percussion Road
Menifee, CA 92586
4 Beds
3 Baths
2,662 Ft²
$3,271
Est. Monthly
$94
HOA / Fees
About This Property
NEW CONSTRUCTION! Ready for Quick Move-in! Includes Upgraded
Flooring! This new two-story home is ready for modern lifestyles.
On the first floor, a spacious and flexible open-concept layout
combines the kitchen, living and dining areas, with a convenient
bedroom located at the front of the home. On the second floor, two
bedrooms and a luxurious owner's suite surround a versatile and
inviting loft space, ideal for entertaining and shared living.
Belleza is a new series offering brand-new single-family homes for sale at the Legado masterplan, coming soon to Menifee, CA. Residents will enjoy access to all available amenities within the masterplan, including a modern clubhouse, greenbelts, multiuse trails and much more. Enjoy endless outdoor fun and recreation on nearby Lake Menifee and at Menifee Lakes Park or Paloma Valley Park. Plus, the best of local shopping, dining and more is a short drive away at The Promenade at Menifee Valley.
Belleza is a new series offering brand-new single-family homes for sale at the Legado masterplan, coming soon to Menifee, CA. Residents will enjoy access to all available amenities within the masterplan, including a modern clubhouse, greenbelts, multiuse trails and much more. Enjoy endless outdoor fun and recreation on nearby Lake Menifee and at Menifee Lakes Park or Paloma Valley Park. Plus, the best of local shopping, dining and more is a short drive away at The Promenade at Menifee Valley.
Unit Size
2,662 Ft²
Days on Market
35 days
Land Size
0.19 acres
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
$94
Year Built
-
Listed By
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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: 16 days ago (CRMLS #SW26210545)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$646,855
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Oct 1, 2026 | Price Decreased |
$661,855
↓ $16K
(2.3%) | |
| Price Decreased | |||
| Sep 26, 2026 | Listed by Century 21 Masters | $677,371 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Direct Access, Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s), SeparateFormalDiningRoom, BedroomOnMainLevel, Loft
Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave
Laundry Features: Inside, Laundry Room, Upper Level
Fireplace Features: None
Exterior Details
Square Footage: 2662
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Turnkey
Year Built Source: Builder
Year Built: 2026
Builder Name: Lennar
Builder Model: 1
Levels: Two
Construction Materials: Frame, Stucco
Pool Features: In Ground, Association
Lot Features: Corner Lot, Front Yard, Level, SprinklerSystem
Lot Size Area: 8166
Lot Size Units: Square Feet
Lot Size Acres: 0.1875
Lot Size Square Feet: 8166
Tax Lot: 9251
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Dog Park, Picnic Area, Playground, Pool
HOA Fee: $94
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Todd Myatt, Century 21 Masters
Last Updated: 16 days ago
Data Source: CRMLS, MLS# SW26210545
Last Updated: 16 days ago
Data Source: CRMLS, MLS# SW26210545
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