29
Map
$425,000
●
House -
Off Market
28021 Palm Villa
Menifee, CA 92584
2 Beds
2 Baths
1,206 Ft²
$2,277
Est. Monthly
$190
HOA / Fees
About This Property
BACK ON THE MARKET... Subject to current cancellation This is just
the perfect 55+ neighborhood, a beautiful well taken care of house
in the best little area in Menifee. Tax records say 2 Bedroom but
this home has a den and could easily be a 3 bedroom if
needed. This home shows like the model inside and out. It has the
best curb appeal with all the new hardscape, both front and back
yard are easy care. Walking into the living room with a
fireplace and you feel right at home this room connects to the
comfortable dining area. Notice the custom plank flooring
throughout. There is a lot of natural lighting but also has new can
lighting installed, you can have a few chefs in the big open
kitchen at the same time, the dishwasher is new and all other
appliances will stay. The HVAC system is 2 years new and the home
has a 2 car attached garage with direct house access. Make this
home a must see for sure.
*Low tax rate
*close to shopping/church/dog park.
*freeway is minutes away.
*Low tax rate
*close to shopping/church/dog park.
*freeway is minutes away.
Unit Size
1,206 Ft²
Days on Market
150 days
Land Size
0.09 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
$190
Year Built
1989
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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 months ago (CRMLS #SW26074479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Relisted | $425,000 | |
| Relisted | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Price Decreased |
$425,000
↓ $14K
(3.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Menifee Lakes Coutry Club
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Listed by: George Williams, Coldwell Banker Assoc Brkr-SC
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SW26074479
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SW26074479
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