29362 Wild Lilac
About This Property
Welcome to 29362 Wild Lilac, located in the highly sought-after Summerly community of Lake Elsinore!
This beautifully maintained 4-bedroom, 3-bath home offers 2,309 sq. ft. of modern living space, including a convenient downstairs bedroom and bath - perfect for guests or multi-generational living. Step inside to find brand new interior paint and upgraded vinyl flooring throughout (no carpet anywhere!).
Enjoy an open-concept floor plan with a spacious kitchen featuring white cabinetry, granite countertops, stainless steel appliances, and a large center island ideal for gatherings and meal prep.
The home has a large pool-sized backyard, offering endless potential for outdoor fun and entertaining. Additional highlights include leased solar for energy efficiency and a prime location just a short walk to the community clubhouse and pools.
This home is move-in ready and waiting for its next owner to enjoy the Summerly lifestyle - close to parks, golf, shopping, and more!
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by Oscar Tortola Group Real Estate Services | $600,000 | |
| Listed by Oscar Tortola Group Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017