$319,900
●
House -
Off Market
28286 Palm Villa Drive
Menifee, CA 92584
2 Beds
2 Baths
1,299 Ft²
$470,253
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
SPECTACULAR VIEWS! UPGRADES GALORE! Beautiful golf course home in a
quiet 55+ community. Situated on Menifee's premier course with
stunning mountain views, this newly renovated home offers
remarkable value. The inviting wrought iron gate leads you on a
pathway to the entry with spacious vaulted ceilings. Plantation
shutters draw in natural light and picturesque scenery. Upgrades
include new stainless appliances and granite countertops, freshly
painted exterior & interior, and new wood-look flooring throughout.
Master features vaulted ceilings, walk-in closet, en-suite, and
peaceful outdoor retreat. Bathrooms are well-appointed with
granite, upgraded lighting, and stylish sinks with new faucets.
Indoor laundry area leads to the garage with enclosed storage
closets. Live the resort lifestyle at the Palmilla clubhouse pool
and many more amenities including lake privileges to enjoy walking
paths, bicycling, boating, and fishing. Don't delay, call today for
your private tour.
Unit Size
1,299 Ft²
Days on Market
79 days
Land Size
0.11 acres
Price per sqft
$246
Property Type
House
Property Taxes
-
HOA Dues
$136
Year Built
1990
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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: 4 months ago (CRMLS #SW19082906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Feb 12, 2019 | Listed by HOMESMART | $319,900 | |
| Listed by HOMESMART | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee Lakes Coutry Club
Similar Homes for Sale
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Listed by: Audra Merrell, HOMESMART
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19082906
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19082906
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