$635,000
●
House -
Off Market
28153 Cannon
Menifee, CA 92585
4 Beds
2 Baths
1,617 Ft²
$3,143
Est. Monthly
About This Property
Welcome to the house on Cannon Dr. This 4 bedrooms and 2
bathrooms smart home, property has been completely upgraded.
The front yard was recently redesigned with new grass and new river rock design with seasonal plants. This home has new flooring and new kitchen cabinets and all new bathroom vanities; bathroom upgrades include Smart mirrors with lights and blue tooth speakers integrated. New toilets, new vanities with quartz countertops, new tiles and enclosed glass shower doors. The new kitchen includes white shaker cabinets with quartz waterfall island. The Living room has a beautiful tile design with an electric fireplace. Audio speakers in the family room and master bedroom pre wired to add more if desired to upgrade by the new owners. Video surveillance cameras with commercial grade DVR and too many more upgrades. There is plenty of ceiling lights and a ceiling fan in each room. The new front door completes the modern look on the exterior. The new glass garage door comes with a new motor and can be added to the smart home ready features to function remotely and paid solar panels.
The front yard was recently redesigned with new grass and new river rock design with seasonal plants. This home has new flooring and new kitchen cabinets and all new bathroom vanities; bathroom upgrades include Smart mirrors with lights and blue tooth speakers integrated. New toilets, new vanities with quartz countertops, new tiles and enclosed glass shower doors. The new kitchen includes white shaker cabinets with quartz waterfall island. The Living room has a beautiful tile design with an electric fireplace. Audio speakers in the family room and master bedroom pre wired to add more if desired to upgrade by the new owners. Video surveillance cameras with commercial grade DVR and too many more upgrades. There is plenty of ceiling lights and a ceiling fan in each room. The new front door completes the modern look on the exterior. The new glass garage door comes with a new motor and can be added to the smart home ready features to function remotely and paid solar panels.
Unit Size
1,617 Ft²
Days on Market
50 days
Land Size
0.17 acres
Price per sqft
$396
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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: 9 months ago (CRMLS #CV26013334)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Price Increased |
$640,000
↑ $15K
(2.4%) | |
| Price Increased | |||
| Jan 29, 2026 | Price Increased |
$625,000
↑ $50K
(8.7%) | |
| Price Increased | |||
| Jan 19, 2026 | Listed by Acevedo Real Estate Professionals | $575,000 | |
| Listed by Acevedo Real Estate Professionals | |||
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
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About Menifee
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Listed by: Ricardo Acevedo, Acevedo Real Estate Professionals
Last Updated: 9 months ago
Data Source: CRMLS, MLS# CV26013334
Last Updated: 9 months ago
Data Source: CRMLS, MLS# CV26013334
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