$405,000
●
House -
Off Market
29193 Oak Creek Road
Menifee, CA 92584
4 Beds
3 Baths
2,303 Ft²
$565,176
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
THIS IS THE ONE! Spectacular, Echo Ridge home located Menifee! This
single story home boasts 3 bedrooms and 3 bathrooms, two separate
den/office areas which can easily be converted into a 4th & 5th
bedrooms, plantation shutters and blinds throughout, open concept
living area w/ tall ceilings, tile flooring throughout the living
areas, and a 3-car attached garage! The kitchen comes equipped w/
dual ovens, stainless steel appliances, granite tile counter tops,
and tons of storage space! This HUGE backyard is one of the largest
in the Echo Ridge community, it comes fully landscaped, beautiful
views of the surrounding hills w/ no neighbors behind you or to one
side of you, a built in patio cover, and a large grass area that's
perfect for a POOL! Once you step into this beauty you'll know
you're right at home!
Unit Size
2,303 Ft²
Days on Market
77 days
Land Size
0.23 acres
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
$55
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: 5 months ago (CRMLS #IG20049892)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2020 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by Keller Williams Realty | $399,900 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
With View
Garage
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Oscar Tortola, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG20049892
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG20049892
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