28176 Meadowsweet Drive
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 4, 2021 | In contract | - | |
| In contract | |||
| Jan 3, 2021 | Listed | $360,000 | |
| Listed | |||
| | |||
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This Charming Single Story Open Floor plan, located in Oasis 55+ community, Menifee has 2 bedrooms, 2 baths, spacious living room and dining area, nice and bright kitchen with granite counter tops and lots of cabinets. This home has window shutters, crown molding, oversized upgraded baseboard, and wood flooring. Cozy fireplace, ceiling fan, and built in cabinet in the living room. Carpet flooring in primary bedroom with large walk-in closet, walk-in shower and convenient dual sinks, ceiling fan and a bonus attached retreat or patio room that can be used as an office, craft room, work out room, or anyhow you can imagine. The second bedroom has a frosted glass French door and window shutters. An extra space by the hallway between the primary bedroom and indoor laundry room can also be used as an office nook. Nice low maintenance backyard with a full patio cover and ceiling fan. The 2-car garage has built in storage cabinets plus an exterior door to the side yard. Close to shopping, medical services, wineries, and restaurants. Convenient access to the adjacent 36-hole Menifee Lakes Country Club. The community offers great amenities and active lifestyle, the clubhouse, tennis courts, pool, fitness center, library, and much more. The manager has listed the unit size as 1297 square feet.
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| Jan 3, 2019 | Sold | ||
| Sold | |||
| Oct 6, 2018 | Listed by Rancon Real Estate | $299,900 | |
| Listed by Rancon Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017