28829 Golden Dawn Drive
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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%.
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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 2, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed by eXp Realty of California, Inc | $700,000 | |
| Listed by eXp Realty of California, Inc | |||
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Tucked away at the end of a serene street, this beautifully updated home opens with an impressive double-door entrance, drawing you into a formal entry framed by a sweeping grand staircase, high ceilings, and gleaming tile floors. Step into the formal living room, where sunlight filters through sliding glass doors that beckon you toward the backyard oasis. Just beyond, a spacious dining room invites festive meals and laughter-filled dinners. At the heart of the home is a chef’s dream: a large, open-concept kitchen with granite countertops, warm wood cabinetry, a center island, and a 5-burner cooktop. A double door walk-in pantry and second dining area make this space as practical as it is inviting. Another sliding door connects the indoors to the outdoor showstopper. And what a backyard it is—your own private resort! A sparkling pool with a Baja shelf, a bubbling spa, and a covered cabana with a ceiling fan set the scene for summer days and starry nights. A second pergola, stone fire pit with built-in seating, and an outdoor kitchen island and built-in BBQ offers endless opportunities to entertain or unwind. Back inside, the bright and welcoming family room features a cozy fireplace—perfect for quiet evenings in. A bedroom and full bathroom on the first floor provide a comfortable space for guests. Upstairs, a generous loft area awaits—ideal as a home theatre, playroom, or creative space. The luxurious master suite is a sanctuary of natural light and soaring ceilings. The spa-like ensuite bathroom includes separate his-and-hers sinks, a vanity, soaking tub, and custom walk-in shower complete with a bench, waterfall shower head, and built-in sauna steamer. The home also features a downstairs laundry room with additional storage, a large 3-car garage, and a solar system and battery on a power purchase agreement. Other updates include a new water heater installed in 2022 and new interior and exterior paint in 2025. In a great location, surrounded by mountain views, within walking distance to schools, Mt San Jacinto College, dog-friendly parks, restaurants, and shopping.
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About Menifee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017