$847,000
●
House -
Off Market
33634 Howard
Menifee, CA 92584
3 Beds
2 Baths
2,320 Ft²
$4,297
Est. Monthly
About This Property
Enjoy peaceful views of your property from the large covered deck
and gazebo-ideal for relaxing or entertaining. With nearby riding
trails and convenient access to shopping and dining. Turnkey
equestrian property offering the perfect blend of country living
and modern convenience! This 3-bedroom, 2-bath Silvercrest
manufactured home, built in 2000 on a permanent foundation,
features approximately 2,900 total sqft and has been
thoughtfully updated with newer LVP flooring.
Situated on 2.27 flat, fully usable acres, the property is completely fenced with 6-foot perimeter fencing and includes cross fencing for added functionality. Equestrian amenities abound with a 100' x 200' arena and a spacious turnout area of approximately half an acre.
The well-equipped 6-stall CastleBrook center aisle barn includes in-and-out stalls, water, 60-amp power, and a concrete-floor feed storage area. Additional improvements include an oversized 24' x 26' attached, stick-built two-car garage, three outdoor storage buildings, and a freshly painted house and insulated tack room. This property offers the best of both worlds.
Situated on 2.27 flat, fully usable acres, the property is completely fenced with 6-foot perimeter fencing and includes cross fencing for added functionality. Equestrian amenities abound with a 100' x 200' arena and a spacious turnout area of approximately half an acre.
The well-equipped 6-stall CastleBrook center aisle barn includes in-and-out stalls, water, 60-amp power, and a concrete-floor feed storage area. Additional improvements include an oversized 24' x 26' attached, stick-built two-car garage, three outdoor storage buildings, and a freshly painted house and insulated tack room. This property offers the best of both worlds.
Unit Size
2,320 Ft²
Days on Market
65 days
Land Size
2.27 acres
Price per sqft
$377
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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 #SW26081443)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Menifee
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Listed by: Dorrie Stutz, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26081443
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26081443
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