30312 Chester Morrison Way
About This Property
The functional floor plan offers an open-concept main living area that flows seamlessly into the spacious kitchen, complete with ample cabinet storage, generous counter space, a breakfast bar, refinished sink, and updated appliances, making it ideal for both everyday living and entertaining. A downstairs bedroom and full bath provide flexibility for guests, multigenerational living, or a private home office. Upstairs, the expansive primary suite offers plenty of room to unwind and features a spacious ensuite bath with dual sinks, while two additional bedrooms share a well-appointed hall bathroom. Throughout the home, recent improvements including updated fixtures, fresh finishes, and carefully selected upgrades enhance both style and functionality without sacrificing warmth.
Step outside to a large backyard ready for your personal vision, offering plenty of space for entertaining, play, gardening, or future outdoor enhancements. The property has also been refreshed with landscaping improvements, exterior enhancements, repaired fencing, and additional curb appeal upgrades, creating a clean canvas for its next owner.
Located in a desirable Menifee neighborhood directly across from a beautiful community park and playground, this home offers convenient access to nearby schools, shopping, dining, medical facilities, and quick connections to the I-215 freeway. With its spacious layout, thoughtful updates, and excellent location, this is an opportunity you won't want to miss. Contact your Realtor today to schedule your private showing.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$549,950
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Aug 5, 2026 | Relisted | $569,950 | |
| Relisted | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017