$639,900
●
House -
Off Market
32443 Najar Lane
Menifee, CA 92584
4 Beds
3 Baths,
1
Half Bath
2,615 Ft²
$3,265
Est. Monthly
$122
HOA / Fees
5.96%
Cap Rate
About This Property
Step into modern elegance with this stylish, newer one-story tract
home with 4 spacious bedrooms (one is currently used as a home
office but could be used as a 4th bedroom), 3 sleek bathrooms and
an open-concept design perfect for entertaining. Built in 2022,
this home features 2,615 square feet of pristine living space,
high-end finishes, and abundant natural light. The kitchen
boasts a large island, upgraded cabinets and quartz countertops, a
deep midnight black composite granite sink, built in stove top,
built in oven, built in convection microwave and new matching
granite gray French door refrigerator with beverage center and dual
auto ice maker. This home has 13mm laminate water resistant
flooring throughout with carpeting in the bedrooms. The
well-manicured 6,098-square-foot lot provides plenty of outdoor
potential, while the contemporary layout is designed for comfort
and convenience. Nestled in the growing city of Menifee, this
modern property offers 1-story home comfort and style with easy
access to local amenities and schools.
Unit Size
2,615 Ft²
Days on Market
98 days
Land Size
0.14 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
$122
Year Built
-
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Cap Rate Calculator
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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: 2 years ago (CRMLS #SW24240254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Price Decreased |
$639,900
↓ $60K
(8.6%) | |
| Price Decreased | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Nov 24, 2024 | Listed by RedRock | $699,900 | |
| Listed by RedRock | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Riverside
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Listed by: John Goga, RedRock
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24240254
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24240254
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