$365,000
●
House -
Off Market
29867 Westlink Drive
Menifee, CA 92584
3 Beds
3 Baths
1,867 Ft²
$528,154
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Beautiful upgraded home in the well established community of
Santalusia! Great floor plan with the Master BR & BA downstairs,
high ceilings and many windows which makes the home light and
bright. Within the last 2 years: the kitchen was upgraded with
granite counters, stainless steel appliances, including a 6 burner
professional Viking stove, a single-bowl farmhouse sink and an
industrial sink faucet. Also, wood floors were installed at
entrance, living and dining room. Breakfast nook and kitchen have
tile floors. A double side fireplace between the LR & the breakfast
nook. Two BRs upstairs with mirror closets, ceiling fans. Upstairs
ceiling with new recessive lights. Upstairs bathroom offers double
new sinks. Peaceful backyard with a cover patio and a decorative
brick flowerbed. Community pool and spa. Also, the homeowners have
access to The Menifee Lakes Beach and Pool Club.
Unit Size
1,867 Ft²
Days on Market
68 days
Land Size
0.09 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
$70
Year Built
1989
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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 #ND19093429)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 26, 2021 | In contract | - | |
| In contract | |||
| May 23, 2021 | Relisted | $440,000 | |
| Relisted | |||
| May 7, 2021 | In contract | - | |
| In contract | |||
| Apr 22, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee Lakes Coutry Club
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Listed by: Ana Smith, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ND19093429
Last Updated: 4 months ago
Data Source: CRMLS, MLS# ND19093429
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