$387,500
●
House -
Off Market
28754 Vela Drive
Menifee, CA 92586
4 Beds
2 Baths
2,047 Ft²
$597,530
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Situated on a Corner Lot, 4 Bedrooms / 2 Baths and spacious 3 car
garage. Located at an elevation that allows for a nice view,
this Home is ready to move into immediately. Desirable one
story on a 10,000+ sq. ft. Lot with the potential for RV parking.
Enjoy your backyard with your New Alumawood Patio cover.
Newer carpet in the bedrooms and beautiful tile in all your living
areas. New Lennox heating unit installed recently and the
brand new Refrigerator stays.
Unit Size
2,047 Ft²
Days on Market
62 days
Land Size
0.23 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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Cap Rate Calculator
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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 #SW18143928)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by OPENDOOR BROKERAGE INC. | $583,000 | |
| Listed by OPENDOOR BROKERAGE INC. | |||
| | |||
|
Welcome to this gorgeous neighborhood! Terrific 4 bedroom and 2 bath home with a 3 car garage. Enjoy cooking in this stylish kitchen with stainless appliances and a center island, great for food preparation. Picture evenings by the fireplace and mornings having coffee out on the patio in the backyard. The main bedroom boasts a private ensuite with a walk-in closet. Other bedrooms offer plush carpet, ceiling fans, and sizable closets. Relax with your favorite drink in the fenced in backyard with a patio, lush grass, and great opportunity for adding personal touches. Don't miss this incredible opportunity.
| |||
| Aug 16, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Listed by Golden Eagle Properties | $395,000 | |
| Listed by Golden Eagle Properties | |||
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
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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 Sun City
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Listed by: Michael Oliver, Golden Eagle Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18143928
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18143928
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