$559,000
●
House -
Off Market
29396 Reading
Menifee, CA 92586
3 Beds
2 Baths
1,098 Ft²
$2,745
Est. Monthly
About This Property
Completely remodeled 3-bedroom, 2-bath home in a prime location
just minutes from all the shops off Newport! This property offers
RV parking with a new vinyl gate. Inside, enjoy a brand-new kitchen
with white shaker cabinets and quartz countertops. The entire home
features new lighting, waterproof vinyl flooring, and fresh carpet.
All new windows and sliding patio doors open to a pergola-covered
backyard-perfect for natural light. With updated vanities, a custom
barn door, and drought-tolerant front landscaping, this home has
great curb appeal. Best of all, it's an all-ages community-no
restrictions!
Unit Size
1,098 Ft²
Days on Market
48 days
Land Size
0.17 acres
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993
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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: 5 months ago (CRMLS #SW26101305)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by ACE Realty, Inc. | $559,000 | |
| Listed by ACE Realty, Inc. | |||
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | Listed by REDFIN | $225,000 | |
| Listed by REDFIN | |||
| | |||
|
Investor's Special, complete renovation needed. 3 bed, 2 bath home with no HOA fees and is NOT in the 55+ community. Has an attached 2-car garage, living room, dining room, kitchen, and a private backyard with RV access. Located not far from schools, shopping, dining, trails, and the 215
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sun City
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Listed by: Crissy Thompson, ACE Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26101305
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26101305
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