$385,000
●
House -
Off Market
29296 Tremont Drive
Menifee, CA 92584
3 Beds
2 Baths,
1
Half Bath
2,617 Ft²
$590,855
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Beautiful Single Story home located in the prestigious "The Lakes"
community. This home features high ceilings, new carpet and paint
throughout, ceramic tile throughout, separate formal living room
and dining room. Spacious kitchen features granite counters, maple
cabinetry, and plenty of counter space. Kitchen opens to Family
Room with a cozy fireplace. Large master bedroom features large
closet and dual sinks, separate shower and luxurious tub. This home
also includes a bonus room that could be used as an office. Located
in a gated community, amenities include fitness center, two pools,
spa, waterslides, grill and patio area, outdoor fireplace, large
pool deck, coffee and reading room, events center, walking trails
and neighborhood parks.
Unit Size
2,617 Ft²
Days on Market
122 days
Land Size
0.20 acres
Price per sqft
$151
Property Type
House
Property Taxes
-
HOA Dues
$179
Year Built
2007
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Cap Rate Calculator
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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 #WS18262090)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2018 | Listed by FRONTIER REALTY | $395,000 | |
| Listed by FRONTIER REALTY | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MARY JO TER MEER, FRONTIER REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# WS18262090
Last Updated: 4 months ago
Data Source: CRMLS, MLS# WS18262090
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