Listed by: Shirley Woods, Coldwell Banker Assoc.Brkr-Mur
$334,000
●
House -
Off Market
28781 Glen Oaks Drive
Menifee, CA 92586
2 Beds
1 Bath
992 Ft²
$1,675
Est. Monthly
$34
HOA / Fees
8.14%
Cap Rate
About This Property
**PRICE REVISION!!** Welcome to 28781 GLEN OAKS DR,** a
delightful home in the 55+ community of Menifee. This
well-maintained property features BRAND NEW CARPETING ** NEWER
ROOF** & **AC UNIT.** The house has also been painted in the
last couple years, giving it a fresh new look. Home features
newer **DUAL PANE WINDOWS.** Conveniently located just minutes away
from shopping centers, dining, and with easy access to the 215 or
15 freeways. Inside, you'll find a cozy and inviting
interior, two large bedrooms and spacious living areas, perfect for
entertaining or relaxing. This house offers a bright and airy
kitchen with **BUILT-IN GAS STOVE,** built-in breakfast counter and
farmhouse sink. **BONUS ROOM WITH FRENCH DOORS** leading to the
large backyard. This house is **LOW MAINTENANCE YARD,** fully
fenced and wood deck. This home offers low taxes, low HOA fee
with lots of amenities to include two pools, lawn bowling, bbq
area, outdoor theater...so much to mention! Don't miss the
opportunity to make this home yours!!
Unit Size
992 Ft²
Days on Market
111 days
Land Size
0.15 acres
Price per sqft
$337
Property Type
House
Property Taxes
-
HOA Dues
$34
Year Built
1963
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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: 2 years ago (CRMLS #SW24227282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Price Decreased |
$334,000
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Coldwell Banker Assoc.Brkr-Mur | $349,000 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Sun City
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Listed by: Shirley Woods, Coldwell Banker Assoc.Brkr-Mur
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24227282
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24227282
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