$577,000
●
House -
Off Market
29102 Promenade
Menifee, CA 92584
4 Beds
2 Baths,
1
Half Bath
1,846 Ft²
$2,775
Est. Monthly
About This Property
BACK ON MARKET! No fault of sellers! Welcome to this beautifully
updated home located on a quiet, low-traffic street in a highly
convenient location. It is near a beautiful golf course and not far
from freeway access. This spacious residence offers 4 bedrooms,
with the loft thoughtfully converted into a true fourth bedroom,
plus a versatile flex room that can easily serve as a 5th bedroom,
home office, or workout space. The heart of the home is the fully
remodeled kitchen, featuring modern finishes and a clean,
contemporary design that flows perfectly into the living and dining
areas-ideal for everyday living and entertaining. The home includes
2.5 bathrooms, with the primary bathroom recently refreshed with
new mirrors and updated fixtures. Step outside to a low-maintenance
backyard complete with turf and a playset, creating the perfect
space for kids, pets, or relaxing weekends. With its functional
floor plan, tasteful updates, low taxes, no HOA and prime location,
this move-in ready home is one you won't want to miss!
Unit Size
1,846 Ft²
Days on Market
64 days
Land Size
0.10 acres
Price per sqft
$306
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: 8 months ago (CRMLS #SW26012187)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Relisted | $565,000 | |
| Relisted | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by MM Realty | $565,000 | |
| Listed by MM Realty | |||
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 Lakes Coutry Club
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Listed by: Nicole Farnum, MM Realty
Last Updated: 8 months ago
Data Source: CRMLS, MLS# SW26012187
Last Updated: 8 months ago
Data Source: CRMLS, MLS# SW26012187
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