$380,000
●
House -
Off Market
28270 Via Cascadita
Menifee, CA 92585
2 Beds
2 Baths
1,111 Ft²
$1,981
Est. Monthly
$70
HOA / Fees
6.57%
Cap Rate
About This Property
Discover comfort and style in this charming new listing, ideal for
those 55 and older. This delightful home boasts two cozy bedrooms,
with the added bonus of a versatile room (11x12) that is attached
to the primary, perfect for use as an office or creative space.
This house offers a warm, inviting atmosphere with practical living
spaces. Being part of a vibrant community tailored for active
seniors, residents benefit from a serene lifestyle while staying
connected. Each room is thoughtfully designed for comfort and
convenience, creating a relaxed and effortless living experience.
Additionally, a house fan installed just last year ensures a
cooler, more refreshing atmosphere in the mornings. Perfect for
those looking to downsize without compromising on quality and
comfort, this home is a splendid choice for your next chapter.
Unit Size
1,111 Ft²
Days on Market
72 days
Land Size
0.08 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
$70
Year Built
1992
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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: 2 years ago (CRMLS #NDP2407929)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Price Decreased |
$389,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Aug 27, 2024 | Listed by eXp Realty Greater Los Angeles | $390,000 | |
| Listed by eXp Realty Greater Los Angeles | |||
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 Menifee
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Listed by: Jim Bottrell, eXp Realty Greater Los Angeles
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2407929
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2407929
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