$364,500
●
House -
Off Market
30580 Shoreline Drive
Menifee, CA 92584
3 Beds
2 Baths
1,275 Ft²
$542,137
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
LAKE FRONT SINGLE LEVEL HOME in the highly desired community of
Menifee Lakes, where you have access to the lake and the Beach Club
Lagoon. This is a great location near shopping, restaurants, and
outdoor activities. Exuding beautiful curb appeal with lush
landscaping and well designed hardscape draws you in to the
delightful 3 bedroom, open floor plan. As you enter through the
front door, you'll be met with a gorgeous view of the lake, as
though it's in your back yard. This home boasts a roomy kitchen
with a dining area in the kitchen and a patio just off the kitchen,
perfect for a BBQ. This floor plan flows seamlessly throughout and
the living room and master bedroom are adorned with a view of the
lake. The master bedroom has direct access to the back yard through
a sliding glass door. The secondary bedrooms have ample room, one
of them has a double-door entry, and all rooms have lighted ceiling
fans. Low HOA and Low Taxes make this a very desirable and
affordable home!
Come out and see it today.
Come out and see it today.
Unit Size
1,275 Ft²
Days on Market
134 days
Land Size
0.11 acres
Price per sqft
$290
Property Type
House
Property Taxes
-
HOA Dues
$70
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 #SW19107644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by ECC Rancho Plaza, Inc | $369,900 | |
| Listed by ECC Rancho Plaza, 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: Donna Blanchard, ECC Rancho Plaza, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19107644
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19107644
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