1
Map
$360,000
●
House -
Off Market
29921 Westlink Drive
Menifee, CA 92584
3 Beds
2 Baths
1,466 Ft²
$519,100
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
WHAT A FANTASTIC FIND! THIS WONDERFUL HOME HAS A VIEW OF THE
GOLF COURSE IN THE LOVELY ANDALUSIA COMMUNITY OF MENIFEE LAKES.
OWNER HAS REMODELED EVERYTHING WITHIN THE PAST 4 YEARS. BEAUTIFUL
GRANITE COUNTERTOPS, DUAL SIDED FIREPLACE, UPGRADED APPLIANCES AND
THIS INCLUDES THE WASHER, DRYER AND REFRIGERATOR. COMPLETE
PERFECTION SHINES THRUOUT THIS GEM OF A PROPERTY. MASTER BEDROOM IS
LOCATED AT REAR OF HOME WITH A WONDERFUL VIEW OF THE GOLF COURSE.
UPGRADED BATHROOMS, 2 BEDROOMS WITH THE OPTION OF MAKING THE
DEN A 3RD BEDROOM. HOMEOWNERS HAVE ACCESS TO THE MENIFEE LAKES
BEACH AND POOL CLUB. COUNTY RECORDS SHOW THIS AS A 3 BEDROOM BUT IT
IS CURRENTLY SET UP AS A 2 BEDROOM WITH A DEN. IN ADDITION, THERE
IS A COMMUNITY POOL AND SPA AREA TO ENJOY. VERY EASY ACCESS TO
FREEWAY AND SHOPPING. IF YOUR LOOKING FOR A GREAT SINGLE
STORY HOME, LOOK NO FURTHER.
NEWER A/C UNIT IS HUGE!
NEWER A/C UNIT IS HUGE!
Unit Size
1,466 Ft²
Days on Market
106 days
Land Size
0.10 acres
Price per sqft
$242
Property Type
House
Property Taxes
-
HOA Dues
$115
Year Built
1990
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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 #SW19213729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2019 | Sold | ||
| Sold | |||
| Sep 9, 2019 | Listed by Coldwell Banker Res-Vail Ranch | $354,900 | |
| Listed by Coldwell Banker Res-Vail Ranch | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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: Jill Pittman, Coldwell Banker Res-Vail Ranch
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19213729
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19213729
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