$385,000
●
House -
Off Market
28181 Westover Way
Menifee, CA 92586
3 Beds
2 Baths
1,474 Ft²
$1,901
Est. Monthly
$34
HOA / Fees
9.05%
Cap Rate
About This Property
Welcome to this charming 55+ neighborhood in Sun City! This single
story home sits on one of the larger lots in the neighborhood and
features 3 generously sized bedrooms and 2 bathrooms. The floor
plan offers versatility for all of your day-to-day needs with a
large living room, dining area and a separate family room with
french doors to the patio that is an ideal space for a
den/office/playroom for the grandkids - whatever your needs may be!
The primary bedroom enjoys an ensuite bathroom, walk-in closet and
french doors out to the backyard. There is also a workshop off the
back patio and an oversized laundry/utility room with tons of
storage cabinets - perfect for hobbyists! Throughout the home
you'll find laminate flooring and vinyl dual pane windows to help
keep the summer heat at bay. Sun City is located just minutes from
Canyon Lake and Menifee Lakes Country Club and Westover Way has
several shopping and dining options all within close proximity.
Unit Size
1,474 Ft²
Days on Market
125 days
Land Size
0.21 acres
Price per sqft
$258
Property Type
House
Property Taxes
-
HOA Dues
$34
Year Built
1969
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Cap Rate Calculator
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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: 3 years ago (CRMLS #NDP2405212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Price Decreased |
$380,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Aug 13, 2024 | Relisted | $395,000 | |
| Relisted | |||
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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
Sold On
HOA + Taxes
About Sun City
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Listed by: Andrew Behneman, Cabrillo Team Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# NDP2405212
Last Updated: 3 years ago
Data Source: CRMLS, MLS# NDP2405212
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