28789 Mill Bridge 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 4, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Relisted | $534,900 | |
| Relisted | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by The Avenue Home Collective | $534,900 | |
| Listed by The Avenue Home Collective | |||
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Located in the desirable Menifee Master Association with access to the Beach & Swim Club, this lovingly maintained home is move-in ready. It boasts stunning curb appeal on a charming street. Newer Roof & Owned Solar - Transfers with home.. Inside, you’ll be greeted by vaulted ceilings in living and formal dining room. Brand new carpet, newer water heater, Electrical service of 100 amps, and abundant natural light throughout. The kitchen with farmers sink and abundant counter and storage space opens to a family room with a brick fireplace, perfect for gatherings. Upstairs, the primary suite features a second fireplace and an ensuite bathroom with dual sinks. Vinyl fencing in backyard, low flow toilets, newer blinds, brushed nickel lighting. Washer/Dryer/Refrigerator conveys. Enjoy all the amenities Menifee Master Association offers, including a lagoon entry beach pool, clubhouse, and easy access to the lake for swimming and boating! Multiple parks and trails throughout the community also. Close to schools, shopping, dining and freeway access. Established and respected community with low tax rates 1.159% and low HOA dues for all the wonderful amenities this community has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017