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29454 Falling Leaf
About This Property
Stop scrolling because you know you've found the one! Homes that create an emotional connection like this don't last. Buyers aren't just looking for square footage anymore they're looking for a feeling. And 29454 Falling Leaf delivers it with a phenomenal view! With Paid Off Solar!!
Located minutes from shopping, dining, schools, commuter access, and the lake itself, this home gives buyers something increasingly hard to find: the feeling of being away from it all while still close to everything.
Natural light pours through the living spaces, creating a warm and inviting atmosphere perfect for both entertaining and everyday living. The layout flows effortlessly, giving everyone room to gather while still offering the privacy modern families crave.
The kitchen becomes the heart of the home where morning coffee turns into conversations, weeknight dinners become memories, and guests naturally gather. The backyard offers the kind of indoor-outdoor California living buyers imagine when they move to Lake Elsinore: room to unwind, host, play, and enjoy the slower pace without sacrificing convenience.
Now priced to attract serious attention and positioned to move quickly. Schedule your private showing before someone else claims the lifestyle you've been waiting for.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Price Decreased |
$598,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$628,000
↓ $37K
(5.6%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Fathom Realty Group, Inc. | $665,000 | |
| Listed by Fathom Realty Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017