$408,000
●
House -
Off Market
31324 Ensemble Drive
Menifee, CA 92584
4 Beds
2 Baths
2,318 Ft²
$663,221
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Model perfect single story house with well over $100,000 in
upgrades. $26,000 two year old Solar system paid for,extensive
hardscape and landscape with drip system with near new hot tub
included. Travertine flooring,crown molding and new high quality
carpet throughout this beautiful home.The kitchen features raised
panel cabinet custom granite counter and stainless steel
appliances.Tankless water heater and epoxy flooring in main garage.
Walking distance to shopping and future movie theater.
Unit Size
2,318 Ft²
Days on Market
56 days
Land Size
0.22 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
$66
Year Built
2007
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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 #SW17105230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | Listed by Redfin Corporation | $424,900 | |
| Listed by Redfin Corporation | |||
 | |||
|
Stunning single-story model home. Enter through the custom wood front door into the spacious open concept great room w/ stone fireplace. Light-catching windows and plantation shutters throughout. Chef-style kitchen with large center island, stainless steel appliances, granite counters, and custom backsplash. Designer painted center island, pantry and fireplace mantle. The spacious master bedroom features two walk-in closets. Bathrooms have new self-cleaning toilets. Save on electricity every month with your fully paid-for solar system. Separate two-car and single-car garages, both electric car hookups. Enjoy spending time in your low-maintenance, parklike backyard w/ covered California room w/ ceiling fan & above ground spa. Near schools, parks, shopping, and restaurants.
| |||
| Jul 7, 2017 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by Allison James Estates & Homes | $414,900 | |
| Listed by Allison James Estates & Homes | |||
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
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ulf Grefelt, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17105230
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17105230
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