$295,000
●
House -
Off Market
29088 Pebble Beach Drive
Menifee, CA 92586
2 Beds
1 Bath
992 Ft²
$1,557
Est. Monthly
$34
HOA / Fees
8.45%
Cap Rate
About This Property
Welcome to 29088 Pebble Beach Drive, a delightful home nestled in
the sought after 55+ community of Menifee. This well-maintained
property features a newer roof and AC unit, ensuring comfort and
peace of mind for years to come. The house has also been freshly
painted, giving it a modern, refreshed look. Conveniently located
just minutes away from shopping centers, dining, and with easy
access to the 215 freeway, this home makes daily errands and
commutes a breeze. Additionally, the 15 freeway is just a short 15
minute drive away, providing further accessibility. Inside, you'll
find a cozy and inviting interior with spacious living areas,
perfect for entertaining or relaxing. The bright and airy kitchen,
ample storage, and comfortable bedrooms enhance the appeal. Step
outside to enjoy the beautifully landscaped exterior, featuring a
low maintenance yard and a patio area ideal for morning coffee or
evening gatherings. This home offers not just a place to live, but
a lifestyle of convenience and tranquility. Don't miss the
opportunity to make this home yours!
Unit Size
992 Ft²
Days on Market
56 days
Land Size
0.15 acres
Price per sqft
$313
Property Type
House
Property Taxes
-
HOA Dues
$34
Year Built
1964
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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 #SW24189998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $310,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 12, 2024 | Listed by Abundance Real Estate | $310,000 | |
| Listed by Abundance Real Estate | |||
Property Highlights
Garage
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 Sun City
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Listed by: Anthony Lauria, Abundance Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24189998
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24189998
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