Listed by: MARGARET MCCOY, COLDWELL BANKER ASSOC BRKR/CL
$333,721
●
House -
Off Market
29070 Prestwick Road
Menifee, CA 92586
2 Beds
2 Baths
1,404 Ft²
$1,681
Est. Monthly
$35
HOA / Fees
8.11%
Cap Rate
About This Property
55+ Senior Living Community. This home offers the opportunity
for you to customize to your liking as it has not been updated.
It offers a great room, 2 bedrooms and 2 full bathrooms.
The kitchen is ample sized with a family dining eating area.
In this model alot of people choose to take down the wall
opening it to the main living room as well. There is a one
car carport which can easily be made into an enclosed one car
garage. There is an attached lanai which opens to the back
yard as well as an attached workshop room. Individual laundry
room conveniently located just off kitchen area. Both front
and rear yards are low maintanence with rock landscaping and rear
yard is fenced as well. Bring your imagination and turn this home
into a sparkling gem.
Unit Size
1,404 Ft²
Days on Market
23 days
Land Size
0.16 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
1964
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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: 2 years ago (CRMLS #IV25038835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | Listed by COLDWELL BANKER ASSOC BRKR/CL | $335,000 | |
| Listed by COLDWELL BANKER ASSOC BRKR/CL | |||
Property Highlights
Air Conditioning
With View
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 Sun City
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Listed by: MARGARET MCCOY, COLDWELL BANKER ASSOC BRKR/CL
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25038835
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25038835
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