$467,640
●
House -
Off Market
31067 Altai Ln.
Menifee, CA 92584
4 Beds
3 Baths
2,657 Ft²
$667,098
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
This Beautiful Home is in the community of Kadence within the award
winning, master-planned community of Menifee. It features an
entertainment style kitchen with open plan to a great room, dining
room, and huge walk-in pantry! Rich kitchen cabinets, stainless
appliances, and quartz counters. First floor bedroom and bath for
guests or Grandma. Upstairs laundry is super convenient with
generously-sized secondary bedrooms. Loft is also the perfect
place for the kids to do homework or for family game or movie
nights. Large master suite with resort-style master bath and
a tremendous walk-in closet! Features builder's thoughtful design
for energy efficiency. Solar is available for lease. This
community has a 10-acre sports park and is close to schools,
shopping, and freeway access. Some photos have been
digitally staged.
Unit Size
2,657 Ft²
Days on Market
127 days
Land Size
0.20 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
2018
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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: 5 months ago (CRMLS #IG19098563)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by First Team Real Estate | $455,161 | |
| Listed by First Team Real Estate | |||
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
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Listed by: Steven Osborne, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19098563
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19098563
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