$460,000
●
House -
Off Market
28964 Milky Way
Menifee, CA 92586
5 Beds
3 Baths
2,858 Ft²
$695,993
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Generously appointed Model Home. Many extras and upgrades,
including Encore Energy Efficient comforts.Whole house fan system.
Quartz counters with 6" splash in kitchen, marble in baths.
Dual Shower heads in Master bath, spacious walk in closets.
Covered back patio with ceiling fan. Large yards, drought
resistant landscape with irrigation system. Full yard fencing.
Two 1/2 car-garage. No HOA, NO MELLO ROOS. LOW TAXES~ask
about closing incentives. Two story model is part of a 21
unit build out in Menifee. Lower tax base coupled with No
Mello Roos, HOA make this a win win area. Energy efficient
considerations throughout the home. Compare utility bills with
neighboring communities. Solar included but will be on a
remaining lease.. Neighborhoods: Oak Hills II Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
2,858 Ft²
Days on Market
102 days
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #180019669)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2018 | Sold | ||
| Sold | |||
| Apr 14, 2018 | Listed by Berkshire Hathaway HomeService | $460,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Air Conditioning
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 Sun City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tina Courtney, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180019669
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180019669
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017