30300 Cherry Opal
About This Property
The interior features upgraded tile flooring throughout, modern cabinetry, and sleek stainless steel appliances, creating a clean and contemporary feel. High ceilings, custom shutters throughout, and an open, flowing floor plan make this home ideal for both everyday comfort and entertaining.
The low-maintenance backyard is perfect for relaxing or hosting guests, complete with a covered Alumawood patio designed for year-round enjoyment. Additional highlights include a two-car garage and numerous tasteful upgrades throughout the home.
Residents of Orchid enjoy resort-style amenities, including a pool, spa, tennis courts, and pickleball courts, all within a secure, gated community.
Located in the heart of Menifee, one of Southern California's fastest-growing cities, this home offers convenient access to shopping, dining, medical facilities, parks, golf courses, and the Menifee Lakes area. The city is known for its welcoming community feel, well-maintained amenities, and proximity to major freeways, making it easy to enjoy both local conveniences and nearby coastal or wine country destinations.
This is a beautiful, move-in-ready home in a premier 55+ community-an exceptional opportunity to enjoy comfort, style, and an active lifestyle.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Price Decreased |
$537,900
↓ $12K
(2.2%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by First Team Real Estate | $549,900 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017