29529 Williamette Way
About This Property
Looking for a spacious home in Menifee that perfectly combines functionality and style? Look no further. This thoughtfully designed property offers an ideal setup for a home school, office, or both, featuring a versatile room adjacent to the great room. With large, picturesque windows, this room provides both privacy and a view of the main living area, allowing you to stay connected with the rest of the household. It's a perfect environment for students to study in peace while remaining close to their parents if assistance is needed.
This home includes a highly sought-after downstairs bedroom with a full bathroom, making it perfect for guests or multi-generational living. Upstairs, a spacious loft offers additional living space, while the kitchen boasts granite countertops, elegant European cabinetry, and custom flooring throughout the main level. The backyard is enhanced with a block wall for added privacy, and a large, usable balcony at the front of the house offers a serene spot to relax. The property also includes an above-ground pool, adding to its appeal.
Conveniently located near shopping, freeway access, and Menifee's exciting new developments, this home truly has it all. Don't miss your chance-schedule a viewing today, as this opportunity won't last long!
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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 |
|---|---|---|---|
| Nov 11, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $639,900 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 27, 2024 | Listed by Coldwell Banker Assoc Brkr-SC | $649,900 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017