$685,000
●
House -
Off Market
29083 Mesa Crest Way
Menifee, CA 92584
4 Beds
3 Baths
3,102 Ft²
$3,355
Est. Monthly
$65
HOA / Fees
5.79%
Cap Rate
About This Property
This impressive 4-bedroom, 3-bathroom, two-story home is located in
the desirable Stone Ridge community. Boasting 3,102 sq ft of living
space, this beautiful home features high ceilings that allow
natural light to flow in, creating an open and inviting atmosphere.
The layout includes a convenient bedroom and bathroom on the main
floor, perfect for guests or in-law quarters. Upstairs, you'll find
a spacious loft that can serve as a second living area, office, or
entertainment space. Expansive master bedroom with en suite
overlooking mountain views. Situated on a generous lot, this
property offers ample outdoor space for activities or future
projects. Conveniently located near major freeways, shopping
centers, and dining, this home combines comfort, style, and easy
access to everyday amenities. Bring your family and fall in love!
Unit Size
3,102 Ft²
Days on Market
74 days
Land Size
0.21 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
$65
Year Built
2005
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Cap Rate Calculator
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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 #PW24225490)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 24, 2024 | Price Decreased |
$669,900
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Oct 31, 2024 | Listed by The Agent and Company | $699,900 | |
| Listed by The Agent and Company | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: Michael Santos, The Agent and Company
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24225490
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24225490
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