$404,000
●
House -
Off Market
29383 Falcon Hill Drive
Menifee, CA 92584
4 Beds
2 Baths,
1
Half Bath
2,085 Ft²
$601,529
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Hard to find Menifee Green's Saltwater Pool Home with Spa, and
large, Alumawood (with ceiling fans and wired for lighting) patio
cover, excellent for family fun and entertaining! Great curb
appeal and designer colors in this 4 bedroom, 2.5 bath home,
located near the Menifee Lakes Country Club. Easy access to
Freedom Crest Elementary School, the coming Menifee Town Center,
Mt. San Jacinto JC and The Shoppes at the Lakes, and only 5 minutes
to the I215 freeway. The home boasts kitchen with granite,
backsplash and stainlesss, ceiling fans throughout, ceramic tile,
wood laminate and carpeted floors, family room with granite tile
fireplace, 4 bedrooms upstairs and an office/bonus/workout and
powder rooms downstairs in 2,085 square feet. No HOA and low taxes!
Ring, Nest and Security Systems will stay with the property.
Two car, attached garage with direct access to the home.
Inside laundry area provides convenience. Pool and Spa
are about 3 years old. This would be a fantastic opportunity
for anyone in a great, growing area at an affordable price!
Unit Size
2,085 Ft²
Days on Market
87 days
Land Size
0.13 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #SW19076721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by Rancon Real Estate-Murrieta | $409,900 | |
| Listed by Rancon Real Estate-Murrieta | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
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 Lakes Coutry Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Glenn Kean, Rancon Real Estate-Murrieta
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19076721
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19076721
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017