28592 Chaparral View Drive
About This Property
Nestled in the very desirable city of Menifee neighborhood, this home is conveniently located near shopping, dining, and top-rated schools, with easy freeway access for commuters. Don't miss the opportunity to own a home that combines style, space, and convenience. Schedule a tour today!
The layout is designed for seamless living and entertaining, with beautiful natural light flowing throughout. The kitchen boasts upgraded countertops, modern appliances, and ample storage, making it a chef's dream.
The inviting living spaces include a cozy fireplace and stylish finishes that enhance the home's warm and welcoming atmosphere. Step outside to an expansive backyard, perfect for outdoor gatherings, relaxation, and entertaining.
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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.
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017