$299,990
●
House -
Off Market
29876 Carmel Road
Menifee, CA 92586
2 Beds
2 Baths
1,488 Ft²
$420,480
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
WOW! Call The Movers, you Have Found your Home! This Wonderful 2
Bedroom, 2 Bathroom Senior Home Is Fully Remodeled and Ready for
You. The Approx 1500 Square Foot Open Floor Plan boasts Brand New
Flooring throughout, Brand New High Quality Granite Kitchen
Counters, A Beautiful Granite Breakfast Nook, and all the
Appliances are Stainless Steel. The Main area has Designer Paddle
Fans, and Modern Recessed Can Lighting. The two Bathrooms have been
remodeled with New fixtures and Vanities. The bedrooms Both have
Paddle fans and Walk-in Closets. Wait, There is More! There is a
large Covered Patio, and RV parking beside the Garage. This home is
Priced Right to sell Fast.
Unit Size
1,488 Ft²
Days on Market
87 days
Land Size
0.17 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
$31
Year Built
1964
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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 #SW20061059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by RE/MAX Generations | $299,900 | |
| Listed by RE/MAX Generations | |||
| Dec 9, 2019 | No longer available | - | |
| No longer available | |||
| Sep 18, 2019 | Listed | $200,000 | |
| Listed | |||
| | |||
|
Diamond in the rough. This 2 bed , 2 bath home is ready for your touch. Property to be sold 'as-is'. The manager has listed the unit size as 1098 square feet.
| |||
Property Highlights
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 Sun City
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Listed by: Tony Fiorentino, RE/MAX Generations
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20061059
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20061059
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