$325,000
●
House -
Off Market
30596 Spring Lake Way
Menifee, CA 92584
3 Beds
2 Baths
1,275 Ft²
$485,997
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Beautiful Single Story Menifee Lakes home located on a corner lot
in one of the most desired communities in Menifee. This stunning
Home is like new with upgraded Stainless Steel appliances, newer
windows, solid surface counters in the bathrooms and much more.
Gourmet style kitchen with updated cabinets, breakfast nook with
bay window and sliding glass door to second patio. The family room
and dining room have vaulted ceilings and a custom brick natural
gas fireplace. Beautiful sliding glass door to the covered
back patio. Master bedroom is large in size and
features vaulted ceiling, upgraded ceiling fan, cedar
lined walk-in-closet, and archway to the master bathroom.
You'll love the Master Bathroom which comes equipted with double
sink vanity and custom tub area. Additional bedrooms are large
in size with plenty of closet space. New custom paint to the
interior and exterior. Large yard with new professional landscape,
privacy fence, and much more Low tax, close to shopping
and freeways.
Unit Size
1,275 Ft²
Days on Market
43 days
Land Size
0.11 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
$66
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 #SW19013559)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2019 | Sold | ||
| Sold | |||
| Jan 17, 2019 | Listed by Signature Real Estate Group | $324,900 | |
| Listed by Signature Real Estate Group | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Troy Sage, Signature Real Estate Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19013559
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19013559
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