$325,000
●
Mobile Manufactured -
Off Market
33350 Daily Road
Menifee, CA 92584
3 Beds
2 Baths
1,644 Ft²
$516,013
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
Fantastic opportunity to own a Home and Barn on 2.5 Aces of Land in
the City of Menifee, just off of Scott Rd! Manufactured home
was built in 1985, is 3 Bedrooms, 2 Bathrooms and is 1,644 sq ft.
The Barn has a 2nd floor at about 600 sq' with a wonderful
deck off the top providing beautiful views of the City as well as
providing a shaded covered patio area. Septic, City Water,
and there is a Water Well on the lower acreage. GREAT
potential to finish the Barn as a 2nd living unit on the property.
Plenty of parking for your toys and there's a special area
for RV parking with hookups. SO MUCH POTENTIAL! If you
want an affordable home on rural land... you must come see this
property! Less than 1/2 mile off of Scott rd, you have easy
access to 215 and 15 freeways.
Unit Size
1,644 Ft²
Days on Market
124 days
Land Size
2.50 acres
Price per sqft
$207
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1985
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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: 4 months ago (CRMLS #SW18167338)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by RE/MAX Generations | $340,000 | |
| Listed by RE/MAX Generations | |||
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
Status
Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Menifee
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Listed by: Cynthia Nemelka, RE/MAX Generations
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18167338
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18167338
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