$520,000
●
House -
Off Market
29103 Patelli Way
Menifee, CA 92585
4 Beds
3 Baths
3,005 Ft²
$792,452
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Price reduced! Spacious single story four bedroom pool home
with 11 foot ceilings on just over one acre! Other features
include beautifully refinished kitchen cabinets, lots of kitchen
cabinet space, stainless steel refrigerator included, breakfast
bar, nook area, formal dining area, built-in stove top, built-in
oven and microwave; open family room includes a wood burning
fireplace and French doors leading to backyard; all bedrooms have a
ceiling fan; two of the three bathrooms have dual sinks; hall
closet and all three secondary bedrooms have mirrored sliding
closet doors; large master bedroom with two closets (one walk-in)
and direct access to backyard; master bathroom includes jetted tub
and separate tiled shower. Outdoor features include sprinkler
system and patio covers front and back, with misting system in
back. A 3-car dry-walled garage and money saving whole house
fan round out this beautiful home! Washer and dryer also
included!
Unit Size
3,005 Ft²
Days on Market
162 days
Land Size
1.03 acres
Price per sqft
$175
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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: 5 months ago (CRMLS #SW18217102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2018 | Listed by Ready Realty, Inc. | $524,900 | |
| Listed by Ready Realty, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Jeff Banks, Ready Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18217102
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18217102
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