$389,000
●
House -
Off Market
29131 Mesa Crest Way
Menifee, CA 92584
5 Beds
3 Baths
2,724 Ft²
$591,023
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Huge price improvement! Menifee is booming! The double door entry
with covered front porch and retractable shade welcome you to this
2724 sf family-sized home with 5 bedrooms/3 baths. The interior is
grand with cathedral ceilings, formal living and dining rooms,
family room with cozy gas fireplace and lots of windows pouring in
natural light. The kitchen is a chef's delight with wood laminate
floors, granite countertops, island with raised bar counter, and
full array of stainless appliances.
The MAIN level bedroom with full bath is a superb bonus. Downstairs laundry room for convenience. This amazing home is equipped with Wifi lights, thermostat and front door keypad!
Upstairs are 4 more bedrooms and loft. Two bedrooms share full bath with convenient linen storage. The master suite has vaulted ceilings, walk-in closet and bath with dual sinks, roman tub and separate shower.
Just off 215 fwy. and new Menifee center with LA Fitness, Baron's, Ralph's, Stater's, Super Target, Lowe's, restaurants, coffee shops and much more! Movie theatre and bowling alley coming soon! Convenience and opportunity! Join the bonanza!
The MAIN level bedroom with full bath is a superb bonus. Downstairs laundry room for convenience. This amazing home is equipped with Wifi lights, thermostat and front door keypad!
Upstairs are 4 more bedrooms and loft. Two bedrooms share full bath with convenient linen storage. The master suite has vaulted ceilings, walk-in closet and bath with dual sinks, roman tub and separate shower.
Just off 215 fwy. and new Menifee center with LA Fitness, Baron's, Ralph's, Stater's, Super Target, Lowe's, restaurants, coffee shops and much more! Movie theatre and bowling alley coming soon! Convenience and opportunity! Join the bonanza!
Unit Size
2,724 Ft²
Days on Market
84 days
Land Size
0.22 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
$65
Year Built
2005
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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 #SW18064716)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2018 | Sold | ||
| Sold | |||
| Mar 21, 2018 | Listed by Allison James Estates & Homes | $389,900 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Menifee
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Listed by: Tammy Runion, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18064716
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18064716
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