$380,000
●
House -
Off Market
28883 Sunburst Dr
Menifee, CA 92584
4 Beds
3 Baths
2,357 Ft²
$554,539
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
WELCOME HOME! Located in the desired Shadow Mountain community with
mountain views. This spacious home provides plenty of room both
inside and out! The kitchen boasts stainless steel appliances and
an island counter for additional space. Each room is oversized for
family and entertaining, from the extra large family room located
just off the kitchen and into the HUGE backyard, where there is
plenty of space to design your backyard oasis. This home is located
near schools, entertainment, shopping, freeways **Information
deemed reliable, but not guaranteed. Buyer(s) and Buyers Agent to
verify all, including MLS information, permits and fees prior to
close of escrow and be satisfied.. Neighborhoods: Shadow
Mountain Equipment: Garage Door Opener Other Fees: 0 Sewer:
Sewer Connected Topography: LL,
Unit Size
2,357 Ft²
Days on Market
65 days
Land Size
0.19 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
$20
Year Built
2003
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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 (SDMLS #200008063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2020 | Sold | ||
| Sold | |||
| Feb 17, 2020 | Listed by HomeSmart Realty West | $390,000 | |
| Listed by HomeSmart Realty West | |||
Property Highlights
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Jon Kennedy, HomeSmart Realty West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200008063
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200008063
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