28719 Eridanus Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Relisted | $524,900 | |
| Relisted | |||
| Apr 25, 2025 | Listed by Redfin Corporation | $524,900 | |
| Listed by Redfin Corporation | |||
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VERY LOW TAXES-NO HOA- SOLAR-HUGE BACKYARD- This is the one! Welcome to your 3 Bedroom 2 Bath Home in Menifee. Pulling up to this adorable home you will notice the custom stone staircase and koi pond surrounded by striking flowers and bushes, making this front yard so pretty to come home to! There is a little garden in front too! You can keep it going or add to it. There's some good stuff growing currently! Stepping inside you will find dark wood laminate, vaulted ceilings, a ton of natural light, and an open layout. This home features a spacious Kitchen with remodeled dark cabinets, custom tile backsplash, stainless appliances, and durable tile countertops. You can bring in a mobile island for added prep space. The Kitchen flows into a cozy room that showcases a beautifully tiled fireplace and it's perfect used as your living or dining room. Down the hall you have Bedroom #1 situated by itself with a Bathroom across the Hall. The Bathroom has an upgraded single sink vanity and a shower/tub combo. Bedroom #2 shares a wall with the Primary Suite. The Primary Suite has vaulted ceilings and a large walk in closet. The Primary Bath has a standalone shower and a Slider to the backyard, creating easy access to the above ground spa! The 2 Car Garage is currently being used as an additional living space- the Pool Table and Home Gym are out there, plus an AC unit, making it a space you can easily tinker or hang out in! It is still very much a Garage- once all of the stuff is removed, it's just paint! In this HUGE POOL SIZED BACKYARD you have a patio cover and a privacy screen for the Spa. There is a storage shed on the property and the yard in general is a blank space for your outdoor dreams to come true! It's very private and ready to be personalized! This Neighborhood is quiet and well established. You're MINUTES to the 215 Freeway and surrounded by shopping, restaurants, and medical. This Community is NOT AGE RESTRICTED and with LOW TAXES AND NO HOA, it's the perfect place to call home! Come see this home today. It's got a great layout and it's been taken care of. You don't want to miss this one!
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| May 21, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017