$384,000
●
House -
Off Market
31885 Nettle Court
Menifee, CA 92584
4 Beds
2 Baths
1,575 Ft²
$546,666
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
This "better than new" four bedroom, 2 bath single story Hidden
Hills home shows like a model! The sellers included so many
amazing upgrades when they purchased it and it has a really open
floor plan. There is a large great room that is open to the
beautiful chef's kitchen and dining area, which makes it a perfect
home for entertaining family and friends. It even has custom
paint throughout along with upgraded carpeting and flooring.
The kitchen boasts a six burner stove, granite counter tops,
stainless appliances, and an upgraded faucet and sink. It has
four over sized and well laid out bedrooms, and two full bathrooms
with upgraded cabinets. The master bedroom is super cozy, as
is its master bathroom. Relax on your front courtyard, or
unwind in your maintenance free backyard; which includes a large
covered gazebo and plenty of space to add a pool. Location is
everything with this beautiful estate as it is very close to the
park which has all sorts of amazing amenities such as a walking
trail, playground, outdoor cooking area etc etc...schedule your
showing quickly as this home is priced to sell.
Unit Size
1,575 Ft²
Days on Market
112 days
Land Size
0.15 acres
Price per sqft
$248
Property Type
House
Property Taxes
-
HOA Dues
$43
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 #SW20036265)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2020 | Sold | ||
| Sold | |||
| Feb 18, 2020 | Listed by McDermott Realty Group | $389,900 | |
| Listed by McDermott Realty Group | |||
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
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Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Joseph McDermott, McDermott Realty Group
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW20036265
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW20036265
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