$650,000
●
House -
Off Market
32785 Jaenichen Lane
Menifee, CA 92584
4 Beds
3 Baths
2,371 Ft²
$3,313
Est. Monthly
$121
HOA / Fees
5.87%
Cap Rate
About This Property
No need to wait for the builder! This upgraded home in Menifee
offers a spacious and modern living experience with 4 bedrooms and
3 bathrooms. The exterior is beautifully maintained, with a
well-manicured front yard. The kitchen was nicely done with sleek,
contemporary finishes, stainless steel appliances, and a large
center island with a breakfast bar. There is also a bedroom and a
full bathroom downstairs which is not common in these builds! The
remainder of the bedrooms are upstairs, along with a sizable loft!
The upstairs bathroom features nicely finished countertops with
dual sinks. The master features a huge walk in closet, with a tub
and shower. The backyard features the perfect amount of lounge
space, and grass, along with an almost brand new alumawood patio
cover! The solar on the home completely covers the electricity
bill! Come make this gorgeous, well maintained, 2022 build home
your own.
Unit Size
2,371 Ft²
Days on Market
79 days
Land Size
0.14 acres
Price per sqft
$274
Property Type
House
Property Taxes
-
HOA Dues
$121
Year Built
-
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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 #SW25039029)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Listed by Abundance Real Estate | $649,999 | |
| Listed by Abundance Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Comparables
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Type
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Baths
ft²
Price/ft²
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About Riverside
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Listed by: Dylan Hawkins, Abundance Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25039029
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25039029
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