29492 Emberwood Way
About This Property
Welcome to your dream home nestled within the serene and vibrant 55+ Oasis Community in Menifee, CA! This beautifully maintained residence offers not just a house but a lifestyle filled with comfort, convenience, and community spirit.
As you step inside this inviting space, you'll be greeted by an abundance of natural light that flows through an open-concept layout designed for easy living. The spacious living area invites relaxation and gatherings alike, while the well-appointed kitchen boasts modern appliances, ample counter space, and lovely cabinetry. Retreat to the generously-sized master bedroom. Guests will feel right at home in the additional bedroom that offers perfect flexibility as an office or craft room. The attached two-car garage provides plenty of space for vehicles and storage. Oasis Community is an active adult Community with lots of amenities. There is a fitness center, grand ballroom, library, billiard room, and arts and crafts studio. Outside the clubhouse are courts for bocce ball, shuffleboard, and tennis, an outdoor pool and amphitheatre.
Golf enthusiasts will love being so close to the course with its strategically placed bunkers, sparkling waterways, beautiful mature trees, and challenging fairways. Come take a look today!
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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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Relisted | $528,000 | |
| Relisted | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by Broker Town, Inc. | $528,000 | |
| Listed by Broker Town, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017