1
Map
$318,000
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House -
Off Market
28873 Champions Drive
Menifee, CA 92584
2 Beds
2 Baths
1,273 Ft²
$476,791
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Welcome home to the wonderful community of Andalusia, a part of the
Menifee Lakes Master Association. Andalusia offers a pool and
clubhouse separate from the Master Association and only available
to the 216 neighborhood homes. In addition, you have access to the
Beach Club Lagoon, Menifee Lake, where you can enjoy fishing &
paddle boats, walking/jogging trails, a playground, and more. Close
to shopping, dining, and outdoor activities, and the golf course is
within a stone's throw from this house. This lovely home is
situated on a corner lot in the heart of the neighborhood, boasting
vaulted ceilings in the living room and dining room creating a
light open feel, a large kitchen with windows and a sliding glass
door allowing ample sunlight to shine through, two spacious
bedrooms, an indoor laundry room, a two-car garage, and a back yard
with a concrete patio, dog run, and a nice area to plant a garden.
Low Taxes and Low HOA fees make this a great choice to call home!
Unit Size
1,273 Ft²
Days on Market
96 days
Land Size
0.13 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
1991
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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 #SW19075299)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2019 | Sold | ||
| Sold | |||
| Apr 3, 2019 | Listed by ECC Rancho Plaza, Inc | $324,900 | |
| Listed by ECC Rancho Plaza, Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
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Closing Price
Sold On
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HOA + Taxes
About Menifee Lakes Coutry Club
Similar Homes for Sale
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Listed by: Donna Blanchard, ECC Rancho Plaza, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19075299
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19075299
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