$420,000
●
House -
Off Market
28808 Evening Passage Drive
Menifee, CA 92584
4 Beds
2 Baths,
1
Half Bath
3,215 Ft²
$657,427
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Immaculate 4 bedroom, 2.5 bath home with bonus/game room and
den/office that could be 5th and 6th bedrooms. Formal entry
with cathedral ceilings and travertine flooring. Kitchen with
hickory stained cabinets, granite counters, stainless appliances,
five burner gas stove, pantry, island with breakfast bar and open
to family room. Family room with wood floors, fireplace and
ceiling fan. Light & bright main floor den could easily be
converted to bedroom if desired. Formal living and dining
rooms plus separate laundry room. Spacious master with dual
walk-in closet, dual vanities, oval soaking tub and separate
shower. Bedrooms 2,3 & 4 all include ceiling fans.
Large bonus/game/play room upstairs that is open to foyer.
Huge back yard with covered patio, stone BBQ bar with fridge
and fire pit. Plenty of built-ins in 3-car garage for added
storage. Minutes from Lago Vista Sports Park and other
recreation!
Unit Size
3,215 Ft²
Days on Market
49 days
Land Size
0.19 acres
Price per sqft
$129
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 #OC17235250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Oct 13, 2017 | Listed by Legacy 15 Real Estate Brokers | $415,000 | |
| Listed by Legacy 15 Real Estate Brokers | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
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Listed by: Diane Cirignani, Legacy 15 Real Estate Brokers
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17235250
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17235250
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