28248 Cranberry Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2025 | Listed | $650,000 | |
| Listed | |||
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This great 2 story home located in the Menifee/Romoland area is perfect for your large family or as a starter home. With 5 bedrooms and 3 bath at 2731 sq.ft of living space. Home has updated flooring throughout the home. The home comes with special perks such as smart lighting and a tankless water heater with a large capacity. Tesla charger and Tesla battery to be left installed. 2 sheds outside for all your gardening needs to stay as well. Solar to be transferred with property to new buyer. New buyer to assume solar. Solar not a lease.
No open house and showings for the time being, will update soon
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| Apr 16, 2018 | Sold | ||
| Sold | |||
| Mar 10, 2018 | Listed by ERA Donahoe Realty | $359,990 | |
| Listed by ERA Donahoe Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017