$489,500
●
House -
Off Market
28485 Raintree Drive
Menifee, CA 92584
3 Beds
2 Baths
2,442 Ft²
$717,732
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Arguably the best location in The Oasis 55+ gated community, this
highly upgraded single story home is one of the largest floorplans
available at 2,442sqft & boasts panoramic views of the 13th/14th
fairways. Inside you'll find 3BD/2BTH, formal living room
w/fireplace, elegant dining room, spacious kitchen & family room
along w/handsome wood floors, new carpet & crown molding
throughout. The kitchen hits the mark w/Granite counters,
decorative backsplash, double oven, slide-out cabinets, ultra-quiet
dishwasher, sit-at bar, & breakfast area that flows to the family
room w/raised tray ceilings, built-in entertainment center,
fireplace & fantastic views. The Large master suite also features
raised tray ceilings & greenery views, 2 walk-in closets, ensuite
bathroom w/large shower, soaking tub & decorative leaded glass
windows. The 2 guest rooms are a good size & share a full bathroom.
Enjoy true year-round entertaining in your backyard w/grand views,
large patio cover, sitting area w/firepit, built-in bbq & lush
gardens of roses, lemon & lime. Upgrades include whole house
recirculating hot water, water filtration, & drinking water system.
2 car garage w/wall to wall built-ins + separate golf cart garage.
The Oasis is SoCal's premier 55+ community adjacent the renowned
Menifee Lakes CC, boasting 36 holes of world-class golf. The Oasis
includes tennis, swimming, amphitheater, arts, fitness, & much
more! A short drive to Temecula wine country & destination
shopping.
Unit Size
2,442 Ft²
Days on Market
89 days
Land Size
0.14 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
$235
Year Built
2002
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: 5 months ago (CRMLS #SW19114110)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by Allison James Estate & Homes | $489,500 | |
| Listed by Allison James Estate & Homes | |||
| May 10, 2019 | No longer available | - | |
| No longer available | |||
| Apr 18, 2019 | Price Decreased |
$499,999
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Mar 30, 2019 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Lakes Coutry Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jake Ralston, Allison James Estate & Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19114110
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19114110
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