29184 Tree House
About This Property
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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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by Oscar Tortola Group Real Estate Services | $560,000 | |
| Listed by Oscar Tortola Group Real Estate Services | |||
| | |||
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Welcome to 29184 Tree House, nestled on a quiet cul-de-sac in the highly sought-after Summerly community of Lake Elsinore. This beautifully maintained home sits on an expansive, pool-sized lot with lush landscaping and plenty of room to create your dream backyard oasis.
Step inside to an inviting open floorplan featuring granite countertops, upgraded dark espresso cabinetry, and stainless steel appliances and payed off RO water system—perfect for everyday living and entertaining. Enjoy extra living space in the California sunroom, ideal for a relaxing in your private backyard.
Energy efficiency meets value with 32 solar panels, keeping utility costs low year-round plus a 16 camera security system. Whether you’re hosting summer gatherings or just enjoying the serenity of your spacious yard, this home offers comfort, style, and smart living in one of Lake Elsinore’s most desirable neighborhoods.
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| Aug 10, 2017 | Sold | ||
| Sold | |||
| Apr 12, 2017 | Listed by CalAtlantic Homes | $362,927 | |
| Listed by CalAtlantic Homes | |||
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About East Lake District
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017