$359,000
●
House -
Off Market
32663 Tucker Road
Menifee, CA 92584
6 Beds
2 Baths
2,887 Ft²
$682,123
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Great Opportunity for Rural Living!!! This 6 Bedroom 3 Bathroom
home, 2 garage- offers quiet and privacy, sitting on 3 acres
this home has space for horses and with a built on 45ftx90ft
quonset/metal hangar. 2 downstairs bedrooms with private entrances,
4 bedrooms upstairs have access to balcony with beautiful views.
Beautiful pool is fenced off, home also has a built-in playground.
Property is a must see for anyone who wants to live the rural
life.
Paid for Solar on the house. Seller says there are 6 Panels and saves seller a $100.00 a month, seller does still receive an electrical bill. Home does have some issues with un-finaled permits with the city, due to the issue seller will not fix. Cash or hard money lender only. This home cannot be financed with traditional financing, unit the permit issues are resolved, contact agent for more details. Septic system is new and fully permitted, pool is permitted, metal hanger is permitted, garage is permitted. Main house is NOT permitted
Paid for Solar on the house. Seller says there are 6 Panels and saves seller a $100.00 a month, seller does still receive an electrical bill. Home does have some issues with un-finaled permits with the city, due to the issue seller will not fix. Cash or hard money lender only. This home cannot be financed with traditional financing, unit the permit issues are resolved, contact agent for more details. Septic system is new and fully permitted, pool is permitted, metal hanger is permitted, garage is permitted. Main house is NOT permitted
Unit Size
2,887 Ft²
Days on Market
38 days
Land Size
3.02 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #SW18120889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2018 | Sold | ||
| Sold | |||
| May 22, 2018 | Listed by Allison James Estates & Homes | $449,999 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Menifee
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Listed by: Kimberly Ingram, Allison James Estates & Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18120889
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18120889
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