$249,900
●
Mobile Manufactured -
Off Market
33084 Olive Tree Lane
Lake Elsinore, CA 92530
2 Beds
2 Baths
1,120 Ft²
$378,032
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Country living with city convenience, this adorable 2 bedroom 2
bath home has a detached garage with attached workshop, and
separate storage shed. Situated on a large 14000+ square foot lot
on a cul-de-sac street. Check with County of Riverside, very good
chance another home could be built on this property. Close to
amenities, extreme sports, lake, and Orange County Commute. Great
view of the hills. Property is completely fenced for privacy with
mature landscaping. Completely rehabbed interior.
Unit Size
1,120 Ft²
Days on Market
42 days
Land Size
0.33 acres
Price per sqft
$223
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1981
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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 #EV18176366)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $249,900 | |
| Listed | |||
| | |||
|
Country living with city convenience, this adorable 2 bedroom 2 bath home has a detached garage with attached workshop, and separate storage shed. Situated on a large 14000+ square foot lot on a cul-de-sac street. Check with County of Riverside, very good chance another home could be built on this property. Close to amenities, extreme sports, lake, and Orange County Commute. Great view of the hills. Property is completely fenced for privacy with mature landscaping. Completely rehabbed interior. Contact Scott 951-265-8043 or visit www.teamfarnam.com The manager has listed the unit size as 1120 square feet.
| |||
| Jul 20, 2018 | Listed by FARNAM & ASSOCIATES REAL ESTATE | $249,900 | |
| Listed by FARNAM & ASSOCIATES REAL ESTATE | |||
Property Highlights
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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Status
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Type
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Baths
ft²
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HOA + Taxes
About Lakeland Village
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Listed by: SCOTT FARNAM, FARNAM & ASSOCIATES REAL ESTATE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18176366
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18176366
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