$366,000
●
House -
Off Market
29800 Bay View Way
Menifee, CA 92584
3 Beds
3 Baths
2,167 Ft²
$530,897
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Fantastic single LEVEL home in The Gated Tierra Shores Community.
Ever wanted to live Lake Side? Now is your chance. Tierra
Shores is a gated community which includes access to parks, hall
access for gathering and parties, and access to beautiful resort
style pool and lake. Bust out the fishing poles, the lake can
be used for fishing (catch and release), and non motor boats can be
used for all sorts of fun. THIS IS A MUST SEE! As if that
wasn't enough there is only one neighbor! Next door is a lush
and shaded private park and across the street is another park. The
lake is directly across the street . The home itself is
tastefully upgraded. Neutral paint and carpet. 3 bedrooms and
3 baths with a nice great room for entertaining. The kitchen
has stainless steel appliances and a grand island. The backyard is
fully landscaped as is the front yard. There is a Laundry room
adjacent to the garage and a finished garage. Make a showing
appointment and see for yourself!
Unit Size
2,167 Ft²
Days on Market
55 days
Land Size
0.14 acres
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
$160
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW19191334)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2021 | Sold | ||
| Sold | |||
| Nov 12, 2021 | Listed by HomeSmart Realty West | $548,000 | |
| Listed by HomeSmart Realty West | |||
| | |||
|
Welcome home to Tierra Shores. This ranch style home in this quiet community has a wonderful stainless steel kitchen with granite countertops along with an adjacent family room with a warm cozy fireplace and a cool ceiling fan. Large master bedroom has a ceiling fan for those warm nights with a large Master bath with two sinks with a separate shower and tub. The 2nd and 3rd bedrooms also have ceiling fans with two more full bathrooms for privacy. Faux Blinds throughout. Central air and heat. Includes the Washer/Dryer in the separate laundry room. Well manicured front and back yards. 2 Car attached garage. Community amenities includes a lake with year round fishing (Bass, Catfish, Rainbow Trout), paddle boats, pool, clubhouse, parks, community RV parking. Seller will entertain offers between $528,000 and $548,000
| |||
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Aug 10, 2019 | Listed by Summit Real Estate Enterprises | $362,470 | |
| Listed by Summit Real Estate Enterprises | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Holly Cass, Summit Real Estate Enterprises
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19191334
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19191334
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