$210,000
●
House -
Off Market
28339 Palm Villa Drive
Menifee, CA 92584
2 Beds
2 Baths
1,089 Ft²
$335,687
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Enjoy this nice single story senior living home located in Menifee
Lakes! This home is light and bright. Open floor plan and a
good sized kitchen. Kitchen offers amble counter space and
cabinets. Additionally, has a nice dining area. Property comes
complete with rich looking laminate wood flooring and complementary
tile in the kitchen and bathrooms. Smooth ceilings, lots of
windows. Living room offers a nice brick fireplace. Nice size
master suite. Master bath comes complete with his and her sinks.
Shower has a handicap hand rail installed. Great curb appeal and
nice backyard. Community offers nice amenities such as
community pool, clubhouse and more. Property is NOT located
in a FEMA Special Flood Hazard Area but is listed as a moderate to
low flood risk. Please refer to FloodSmart for additional
information regarding flood zones and insurance, State law requires
Carbon Monoxide detectors be installed for properties having
combustible fuel heaters/furnaces, fireplaces, hot water heaters,
clothes dryers, cooking appliances, or an attached garage, but
seller (HUD) is exempt from this requirement as a Federal Entity.
Unit Size
1,089 Ft²
Days on Market
53 days
Land Size
0.11 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
$59
Year Built
1993
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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 #IG17126734)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by Keller Williams Realty | $210,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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ft²
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Sold On
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HOA + Taxes
About Menifee Lakes Coutry Club
Similar Homes for Sale
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Listed by: Joseph Iuliucci, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17126734
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17126734
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