$355,000
●
House -
Off Market
29143 Hidden Lake Drive
Menifee, CA 92584
2 Beds
2 Baths
1,560 Ft²
$544,766
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Senior Living at its finest! The Oasis has a large clubhouse
that features the grand ballroom and adjacent catering kitchen,
fitness center, card room, pool room, library/computer room, table
tennis, and craft/meeting rooms. Outdoor recreation complex
includes a large solar-heated pool and spa, tennis courts,
pickle-ball, bocce ball, shuffle board courts, and horseshoe pits.
Outdoor amphitheater, patio, and BBQ area. Adjacent to the Oasis is
the 36-hole Menifee Lakes Country Club. The last Martinique
model sold in 2016! This open floor plan is highly desirable
here in the Oasis. Freshly painted walls, baseboards, and
trim, new carpet in both bedrooms, new granite counter tops and
stainless-steel double sink in the kitchen, new plumbing fixtures
in both bathrooms, ceiling fans, attic fan, 4 year old HVAC unit,
beveled glass windows, garage cabinets and storage racks, back
patio with Alumawood cover that overlooks a very private expanded
paseo. This lovely home is move-in ready.
Unit Size
1,560 Ft²
Days on Market
55 days
Land Size
0.13 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
$215
Year Built
2001
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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 #SW18030807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2018 | Sold | ||
| Sold | |||
| Feb 9, 2018 | Listed by Move Home Realty | $355,000 | |
| Listed by Move Home 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: Randy Cameron, Move Home Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18030807
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18030807
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