$329,000
●
House -
Off Market
28275 Encino Drive
Menifee, CA 92586
2 Beds
2 Baths
1,077 Ft²
$1,723
Est. Monthly
$9
HOA / Fees
7.19%
Cap Rate
About This Property
**Back on Market**Seize the opportunity to discover your ideal
retirement retreat! Located in a tranquil and highly desirable 55+
community, this inviting 2-bedroom, 2-bath home is the perfect
blend of comfort and convenience. Step inside to a bright, open
living room that creates a warm and welcoming atmosphere. The
kitchen, featuring a charming garden window, offers ample counter
space and storage, making meal preparation a pleasure. Relax in the
spacious bedrooms, which come with generous closet space for all
your essentials. Both bathrooms are thoughtfully designed to
provide a peaceful retreat after a long day. Enjoy the privacy of
the secluded backyard, ideal for basking in the beautiful weather.
With shopping, dining, and easy freeway access just moments away,
this home truly offers everything you need. Don't miss out on this
exceptional opportunity to make it yours!
Unit Size
1,077 Ft²
Days on Market
125 days
Land Size
0.07 acres
Price per sqft
$324
Property Type
House
Property Taxes
-
HOA Dues
$9
Year Built
1989
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #SW24181692)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Relisted | $349,000 | |
| Relisted | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Relisted | $349,000 | |
| Relisted | |||
Show More
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Goran Forss, Team Forss Realty Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24181692
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24181692
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017