29504 Castlewood
About This Property
Step inside to an inviting, open-concept layout filled with natural light. The kitchen opens directly to the family room, creating a true great room that's ideal for gatherings, everyday living, and entertaining. The kitchen features abundant cabinet space, a roomy pantry, and modern finishes. All five bedrooms are generously sized, including a comfortable primary suite with a walk-in closet and full ensuite bathroom. The additional bedrooms offer flexibility for kids, guests, a home office, or multi-gen living. Brand new heating and AC units.
Outside, enjoy your quiet and private backyard with no rear neighbors, complete with a covered patio-perfect for BBQs, outdoor dining, or peaceful evenings. With low taxes, NO HOA, energy-efficient features, and a prime Menifee location, this home delivers outstanding value.
A rare find: a spacious 5-bedroom Menifee home with privacy, openness, and a true great-room layout. Don't let this opportunity pass you by!
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Price Decreased |
$559,000
↓ $8K
(1.4%) | |
| Price Decreased | |||
| Nov 19, 2025 | Listed by Team Forss Realty Group | $567,000 | |
| Listed by Team Forss Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017