Listed by: Tyson Robinson, Trillion Real Estate
$595,000
●
House -
Off Market
29216 Glasgow
Lake Elsinore, CA 92530
4 Beds
4 Baths,
1
Half Bath
1,974 Ft²
$2,916
Est. Monthly
$117
HOA / Fees
6.89%
Cap Rate
About This Property
This two-story home located inside the Summerly Community of Lake
Elsinore offers ample space and the opportunity to have a holistic
lifestyle at your doorstep. It has four bedrooms, three bathrooms,
a flex room, and a large backyard and patio. The living room greets
you with an open floor plan with windows trimmed by custom paint
plantation shutters. The kitchen has been updated with new
cabinets, granite slab countertops, and a walk-in pantry. It also
comes with an island and stainless-steel appliances such as a
stovetop oven and a microwave, making meal prep and entertaining a
breeze. Relax after a long day in the master bedroom upstairs, with
its own bathroom featuring an oversized tub, dual sinks, and
walk-in closets. Apart from its close proximity to the freeway,
shops, great dining options, and schools, the community offers
pools, a spa, a clubhouse, an event room, basketball courts, a
park, walking trails, as well as BBQ areas. Don't miss the chance
to live your best life in Lake Elsinore! This home could be the one
for you!
Unit Size
1,974 Ft²
Days on Market
22 days
Land Size
0.14 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
$117
Year Built
2018
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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 #SW24206457)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Trillion Real Estate | $570,000 | |
| Listed by Trillion Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 East Lake District
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Listed by: Tyson Robinson, Trillion Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24206457
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24206457
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