$275,000
●
House -
Off Market
28138 Orangegrove Avenue
Menifee, CA 92584
2 Beds
2 Baths
974 Ft²
$400,804
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Welcome to Menifee Lakes palmilla 55+ community!! This beautiful
renovated property. Single-story home has new paint, new lovely
laminated flooring, fireplace in living room, Plantation Shutters
throughout the home, new modern light fixtures, energy efficient
LED recessed lighting. Beautiful kitchen with new granite
countertops, luxurious glass backsplash, new modern faucet and
cabinet hardware. Also included brand new stainless-steal
dishwasher, brand new gas range. Master bedroom has new carpet and
a sliding door to view patio and garden flower brick planters,
master bathroom with dual vanities and walking shower,
Exterior has low maintenance plants. 2 car garage, washer and
dryer hook ups. Palmilla community offers swimming pools, spa,
barbecue area and clubhouse, golf course, convenient location with
close by shopping centers, many restaurants, stores and coffee
shops. The 215 and 15 fwys close by for easy commute in or out of
the city. This home must be seen in person to appreciate!
Unit Size
974 Ft²
Days on Market
34 days
Land Size
0.11 acres
Price per sqft
$281
Property Type
House
Property Taxes
-
HOA Dues
$136
Year Built
1990
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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: 5 months ago (CRMLS #SW19166532)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2019 | Sold | ||
| Sold | |||
| Jul 13, 2019 | Listed by Los Flores Realty | $273,352 | |
| Listed by Los Flores Realty | |||
| Jul 3, 2019 | No longer available | - | |
| No longer available | |||
| Jun 15, 2019 | Price Decreased |
$283,300
↓ $7K
(2.3%) | |
| Price Decreased | |||
| May 29, 2019 | Listed | $289,900 | |
| Listed | |||
| | |||
|
COZY SENIOR HOME IN PALMILLA AREA OF MENIFEE, CLOSE TO SHOPPING, 2 BEDROOM 2 BATH WITH FIREPLACE IN LIVING ROOM, AREA FOR DINING TABLE, COVERED PATIO, NICE YARD, 2 CAR GARAGE WITH ACCESS DIRECTLY INTO HOME, PLANTATION SHUTTERS COVERING WINDOWS, LIGHT KITCHEN The manager has listed the unit size as 974 square feet.
| |||
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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HOA + Taxes
About Menifee Lakes Coutry Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Floream Flores, Los Flores Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19166532
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19166532
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