$375,000
●
House -
Off Market
29282 Castlewood Drive
Menifee, CA 92584
4 Beds
3 Baths
2,152 Ft²
$560,916
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
ARE YOU FRUSTRATED TRYING TO FIND THE PERFECT MENIFEE HOME for less
than $375,000? Totally understandable. In fact, if
you're looking for a house with at least 4 bedrooms, +2,100sf, with
NO HOA and Low Taxes, then you're really only stuck with a handful
of homes to choose from. GOOD NEWS: A home that fits
this criteria has just hit the market right in time to close by the
end of the year! Woo Hoo! This Menifee Greens home has
NO HOA and Low Taxes, so that makes it easier on your pocket book.
This home is in great condition, with nice flooring and paint
throughout. There is even a bedroom downstairs. The
backyard has recently been redone, and you don't even have
neighbors behind you...SWEET! Menifee Greens is one of the
very few communities in all of Menifee that has this rare combo of
low taxes and no hoa, so if you've been looking for that type of
community then you should definitely check this house out!
Unit Size
2,152 Ft²
Days on Market
115 days
Land Size
0.09 acres
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
-
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: 4 months ago (CRMLS #SW18285284)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by Real Brokerage Technologies | $574,999 | |
| Listed by Real Brokerage Technologies | |||
| | |||
|
Welcome to this beautiful, turn-key, move-in-ready home with LOW TAXES, NO HOA, and ENERGY EFFICIENCY in a great neighborhood. This home shows true pride of ownership with upgrades throughout. The inviting entry showcases a custom shiplap accent wall, and the floor plan offers a full bedroom and full bathroom downstairs, ideal for guests, an office, or flexible space. The gourmet kitchen features a beautiful 6 ft island with pendant lighting, quartz countertops, a backsplash, and stainless steel appliances, all seamlessly opening up to a spacious family room with an upgraded fireplace. A new sliding door leads to a low-maintenance backyard with no rear neighbors, featuring an alumawood covered patio with 3 ceiling fans, bistro lighting, and a TV mount, perfect for everyday enjoyment. Additional features include a whole-house water-softening system, 17 solar panels for energy efficiency, a newer A/C system, a newer water heater, a Nest thermostat, garage storage shelving, Govee lights, upgraded carpet, and a convenient upstairs laundry room. Conveniently located near freeway access, Menifee Town Center, shopping, dining, parks, walking trails, golf, and nearby hiking. This is the lifestyle you’ve been waiting for: affordable, low-maintenance, and ready for you to move in.
| |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Dec 4, 2018 | Listed by Signature Real Estate Group | $374,985 | |
| Listed by Signature Real Estate Group | |||
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
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Type
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ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee Lakes Coutry Club
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Listed by: John Butler, Signature Real Estate Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18285284
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18285284
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