28341 Digger
About This Property
The home is currently tenant occupied at $3,400 per month, with the existing lease running through October 31, 2027. The property is being sold subject to the existing lease, providing the new owner with immediate rental income from an established, excellent tenant.
This thoughtfully designed home offers comfortable single-level living with a bright, open floor plan where the main living areas connect seamlessly with the kitchen and dining space. The primary suite provides a private retreat, while three additional bedrooms offer flexibility and functionality.
The professionally finished backyard is designed for relaxation and entertaining, featuring attractive concrete hardscape, low-maintenance artificial turf, and a welcoming conversation fire pit.
Conveniently located near parks, schools, shopping, dining, and commuter routes, this is a compelling opportunity to acquire a well-maintained Menifee property with an existing lease, established tenant, and rental income already in place.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 10, 2026 | Price Increased |
$625,000
↑ $25K
(4.2%) | |
| Price Increased | |||
| Sep 18, 2026 | Listed by First Team Real Estate | $599,900 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017