29305 Fall River
About This Property
Inside, you'll find a stunning remodeled kitchen featuring a show-stopping waterfall-edge island, new luxury laminate flooring, a custom built-in entertainment center with surround sound, and an upgraded laundry room. The functional floor plan offers 4 spacious bedrooms and 2 full bathrooms upstairs, plus a convenient powder room downstairs. Thoughtful custom touches throughout include a unique kids' cave/playroom, a custom cubby/pet area, and an insulated subfloor designed to help reduce noise and improve year-round comfort.
Step outside to your private backyard retreat complete with low-maintenance artificial turf, an Aluma-wood patio cover with ceiling fans, and a gated side-yard dog run with a mature fruit tree. The three-car garage includes its own mini-split A/C system, making it ideal for a home gym, workshop, or additional flex space. Additional upgrades include 22 solar panels and a tankless water heater, helping improve energy efficiency and reduce utility costs.
Conveniently located near top-rated schools, shopping, restaurants, golf courses, freeway access, and everything that makes Menifee real estate so desirable, this move-in-ready home offers the perfect blend of style, comfort, and convenience. If you're searching for a home for sale in Menifee, this exceptional Menifee Lakes property is one you won't want to miss.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Real Brokerage Technologies | $645,000 | |
| Listed by Real Brokerage Technologies | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017