29141 Sunforest
About This Property
The large backyard is an outdoor oasis with low-maintenance turf, custom concrete patio, and an aluminum wood patio cover complete with ceiling fans. With no neighbors behind, the home offers added privacy and stunning views of the surrounding golf course. Plus with the added solar helping with those increased electric bills year round. This property combines modern elegance with comfort and is ready to welcome you home! Don't miss your chance to own this move-in-ready gem in Lake Elsinore's premier neighborhood!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | Listed by Oscar Tortola Group Real Estate Services | $635,000 | |
| Listed by Oscar Tortola Group Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017