$405,000
●
House -
Off Market
29284 GATEWAY Drive
Lake Elsinore, CA 92530
4 Beds
2 Baths,
1
Half Bath
2,499 Ft²
$639,337
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Located on a Quiet Street High Above Lake Elsinore. Nice Floor Plan
w/4 Bedrooms, 2.5 Baths with 2499 sq.ft of Living Space. Beautiful
Front Yard for Water Savings. Turnkey Home has a Large Sized Back
Yard. Light & Bright w/Open Floor Plan. The Family Room is Open to
the Kitchen w/Cozy Fireplace.
The Kitchen features Granite Counter Tops & Center Island, Stainless Steel Appliances, Huge Walk-in Pantry & Breakfast Nook. 2nd Floor has a Bonus Loft for Kids or Office. Four Good Sizes Bedrooms, a Large Bathroom w/Dual Sinks. Spacious Master Bedroom, Bathroom has a Separate Shower & Soaking Bathtub w/His & Hers Sink. Recessed Lighting. Storage Space. Ceiling Fans in Most Rooms. Individual Laundry Room w/Cabinets with direct access to the Three Car Garage. Beautiful Tile Flooring in Downstairs & Carpet in Upstairs. Back Yard is Huge w/Solid Patio Cover, Fire Pit and Lots of Concrete Space. Plenty of room for Pool. Great Mountain Views w/Peekaboo Views of Lake Elsinore.
Come & See this Great Property.
The Kitchen features Granite Counter Tops & Center Island, Stainless Steel Appliances, Huge Walk-in Pantry & Breakfast Nook. 2nd Floor has a Bonus Loft for Kids or Office. Four Good Sizes Bedrooms, a Large Bathroom w/Dual Sinks. Spacious Master Bedroom, Bathroom has a Separate Shower & Soaking Bathtub w/His & Hers Sink. Recessed Lighting. Storage Space. Ceiling Fans in Most Rooms. Individual Laundry Room w/Cabinets with direct access to the Three Car Garage. Beautiful Tile Flooring in Downstairs & Carpet in Upstairs. Back Yard is Huge w/Solid Patio Cover, Fire Pit and Lots of Concrete Space. Plenty of room for Pool. Great Mountain Views w/Peekaboo Views of Lake Elsinore.
Come & See this Great Property.
Unit Size
2,499 Ft²
Days on Market
74 days
Land Size
0.27 acres
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
2007
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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 #IG18062984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2018 | Sold | ||
| Sold | |||
| Mar 18, 2018 | Listed by Century 21 Now Realty | $419,900 | |
| Listed by Century 21 Now Realty | |||
Property Highlights
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
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Baths
ft²
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Sold On
HOA + Taxes
About Lake View District
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Listed by: Kathy Lee, Century 21 Now Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG18062984
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG18062984
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