$721,000
●
House -
Off Market
29313 Hondo Lane
Winchester, CA 92596
5 Beds
3 Baths
2,875 Ft²
$3,560
Est. Monthly
About This Property
JUST REDUCED! (AGAIN) SOLAR IS INCLUDED, and was not leased
separately! This is a beautiful energy star rated home, nestled
alone the rolling hills of Winchester and Menifee. This home
features beautiful white quartz kitchen counter tops, grey cabinets
throughout the home, Whirlpool stainless steel kitchen range,
microwave and dishwasher. Upgrades include wood shutter window
coverings throughout, vinyl floors through the whole house, 5 inch
base boards, ceiling fans, and the laundry room also has upgraded
cabinets. Back and side yard have artificial grass and concrete.
Front yard has an additional concrete third parking location. .
This home is nearby Diamond Valley Lake, 215 Freeway and convenient
shopping at Menifee Towne Center.
NO HOA for this property. HIGHLY MOTIVATED SELLERS!!
NO HOA for this property. HIGHLY MOTIVATED SELLERS!!
Unit Size
2,875 Ft²
Days on Market
60 days
Land Size
0.12 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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 #SW24220225)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Price Decreased |
$725,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Nov 11, 2024 | Price Decreased |
$729,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Nov 8, 2024 | Price Decreased |
$735,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Riverside
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Listed by: Robert Lopez, Shelly Simonian, Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24220225
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24220225
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