30285 Shoreline Drive
About This Property
This adorable home includes many upgrades such as wood laminate flooring, newer paint, freshly stained kitchen cabinets, gas fireplace, good size back yard with lush landscaping, master bedroom with walk in closet , 2 car garage. Steps away from Menifee Lake this HOA includes access to the private lake with almost 3 miles of walking paths, community pool with slide/ beach entrance/ volleyball court/bbq area/clubhouse for private events/ seasonal trout derby/ paddle boats for rent/ and much more!!! Walking distance to highly ranked schools and San Jacinto College. Close to new shopping centers and the freeway. DON'T MISS OUT ON THIS ONE!!!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by Coldwell Banker Assoc Brkr-SC | $340,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017