29708 Desert Terrace Drive
About This Property
Step inside and experience a bright, versatile floor plan that offers a formal living room, dining area, and an oversized loft that overlooks the cozy family room. The family room is the perfect place to unwind, complete with a warm fireplace and abundant natural light.
The recently renovated gourmet kitchen showcases brand-new quartz countertops, refinished white cabinetry with generous storage, stainless steel appliances, and a sleek stainless steel sink-ideal for both daily living and entertaining.
The expansive primary suite offers peaceful views of the lush backyard, a large walk-in closet, and a private en-suite bathroom featuring dual vanities and a clean, modern aesthetic. Additional upgrades throughout the home include new vinyl plank flooring, an elegant modern paint palette, and upgraded baseboards, enhancing both style and function.
The beautifully landscaped backyard is a serene retreat with mature shade trees, a manicured lawn, and an expansive concrete patio with a lattice patio cover-perfect for outdoor dining or gatherings with family and friends.
Ideally situated in close proximity to schools, local parks, churches, equestrian and bike trails, shopping centers, and popular dining spots, this home offers unmatched convenience. You'll also enjoy easy access to Temecula wine country, nearby lakes and recreational areas, and the beautiful beaches of Southern California.
Don't miss your opportunity to own this exceptional home. Schedule your private showing today and discover the perfect blend of comfort, style, and location!
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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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by Trillion Real Estate | $579,999 | |
| Listed by Trillion Real Estate | |||
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About Menifee Lakes Coutry Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017