$377,000
●
House -
Off Market
29077 Salrio Drive
Menifee, CA 92584
5 Beds
3 Baths
2,249 Ft²
$563,883
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Incredible opportunity to own this beautiful home that backs to the
golf course, with new paint, new landscape, hard surface flooring
throughout, main floor bedroom all with super low taxes and No HOA!
So much new with the wonderful property. Enter to the
formal living and dining rooms with dramatic 20 foot ceilings and 2
stories of windows that make this home airy and light.
Granite kitchen with center island loaded with counter and
cabinet space, open to the family room with fireplace. Main
floor bedroom with full bathroom. Second floor features 4
bedrooms and 2 bathrooms, including master suite with private
second floor balcony overlooking the private back yard and golf
course, luxury 5 piece master bath, and a large walk in closet.
3 other spacious bedrooms share a full bath, and second floor
laundry room. Low cost to own, and located close to schools,
parks, shopping and freeway access for commuters. Great value
in this completely turn key home!
Unit Size
2,249 Ft²
Days on Market
22 days
Land Size
0.10 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 #SW19049938)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2019 | Sold | ||
| Sold | |||
| Mar 18, 2019 | Listed by Allison James Estates & Homes | $380,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Lakes Coutry Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Goran Forss, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19049938
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19049938
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