$575,000
●
House -
Off Market
31196 Palomar
Menifee, CA 92584
4 Beds
2 Baths
1,883 Ft²
$2,849
Est. Monthly
$25
HOA / Fees
About This Property
Move in ready and beautifully refreshed, this single story home
features 4 spacious bedrooms, 2 baths, and a 3 car garage. Enjoy an
open floor plan with high ceilings, new interior paint, new neutral
tone carpet, stylish light fixtures, and newly painted kitchen and
bath cabinets. Kitchen has granite countertops, plenty of counter
space, new stainless steel sink & garbage disposal. A cozy
fireplace anchors the family room, while plantation shutters add
charm to the living space. The large primary suite offers a walk in
closet, double vanity sinks, a walk in shower, and a relaxing
soaking tub. Secondary bedrooms are a nice size with guest bathroom
at the hallway. Laundry room is at the end of the hallway and easy
access to the garage . Conveniently located near shopping, dining,
the freeway, and MSJC college. This home is a must see!!!
Unit Size
1,883 Ft²
Days on Market
38 days
Land Size
0.17 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2004
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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 #SW26083903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Apr 18, 2026 | Listed by Manzanares Realty | $575,000 | |
| Listed by Manzanares Realty | |||
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: Irma Manzanares, Manzanares Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26083903
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26083903
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