$595,000
●
House -
Off Market
29169 Evans Way
Lake Elsinore, CA 92530
3 Beds
2 Baths
2,028 Ft²
$2,946
Est. Monthly
About This Property
Welcome to 29169 Evans Way, a beautifully upgraded single-story
home in Lake Elsinore that sits on a 11,000+ Square Foot Lot! This
smart home features a gourmet kitchen with GE stainless steel
appliances including a double oven, 5-burner gas cooktop, vented
microwave, and French door refrigerator. The owner's suite boasts a
spa-style bathroom with a full wall walk-in shower, herringbone
mosaic tile, and a rain shower head. Enjoy modern conveniences like
wood laminate flooring throughout, dimmable LED lighting, ceiling
fans with remotes, and wired internet. Tech upgrades include a
wired RING Elite doorbell, a 4-camera exterior surveillance system
with NVR, two 42" structured wiring cabinets, and 2" flex conduits.
The great room features a 7.1 surround sound speaker package and an
85" TV that conveys, along with a 75" TV in the owner's suite and a
42" TV in the study. Also included are a GE Profile washer/dryer,
electric vehicle pre-wire, and a fully owned 13-panel 5.135W SunRun
solar system. This is modern living at its finest.
Unit Size
2,028 Ft²
Days on Market
35 days
Land Size
0.26 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
-
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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: 2 years ago (CRMLS #OC25134592)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed by Redfin | $599,900 | |
| Listed by Redfin | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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About Lake View District
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Listed by: Brandon Begane, Redfin
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25134592
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25134592
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