$601,000
●
House -
Off Market
29883 Salmon Street
Menifee, CA 92584
4 Beds
3 Baths
2,752 Ft²
$3,117
Est. Monthly
$165
HOA / Fees
6.26%
Cap Rate
About This Property
Welcome to this lovely home, featuring many modern updates and
attractive amenities. Cozy up by the crackling fireplace, adding
warmth to the inviting ambiance. Recent renovations include new
flooring and a fresh coat of waterproof, neutral paint,
complementing any decor style. The kitchen boasts a beautiful
island, perfect for cooking or casual dining. The spacious primary
bedroom offers a walk-in closet for ample storage. Relax in the
primary bathroom, complete with double sinks, a separate tub, and
shower. Step outside to the patio, ideal for summer BBQs or
enjoying the outdoors. The property also includes a fenced
backyard, perfect for gardening or creating your private retreat.
Don't miss out on this unique home.
Unit Size
2,752 Ft²
Days on Market
168 days
Land Size
0.15 acres
Price per sqft
$218
Property Type
House
Property Taxes
-
HOA Dues
$165
Year Built
2005
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Cap Rate Calculator
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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: 3 years ago (CRMLS #IV24089405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by OPENDOOR BROKERAGE INC. | $601,000 | |
| Listed by OPENDOOR BROKERAGE INC. | |||
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 Menifee
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Listed by: CHARMAINE FRANK, OPENDOOR BROKERAGE INC.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# IV24089405
Last Updated: 3 years ago
Data Source: CRMLS, MLS# IV24089405
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