Listed by: Guillermo Altamirano, Oscar Tortola Group Real Estate Services
$565,000
●
House -
Off Market
34342 Blossoms Drive
Lake Elsinore, CA 92532
3 Beds
2 Baths
1,828 Ft²
$2,884
Est. Monthly
$134
HOA / Fees
6.03%
Cap Rate
About This Property
***PAID OFF SOLAR*** Discover serene living in this charming
3-bedroom, 2-bathroom single-story home nestled within the
desirable Canyon Hills community. Boasting new carpet throughout,
this inviting residence offers a warm and welcoming atmosphere. The
thoughtfully designed floor plan includes a dedicated office/den
area, perfect for remote work or quiet pursuits. Enjoy the added
benefit of paid-off solar, significantly reducing your energy costs
and contributing to a more sustainable lifestyle. Step outside to a
spacious backyard featuring a patio cover, ideal for outdoor
entertaining and relaxation. Experience the tranquility of Canyon
Hills, where you'll find an abundance of amenities, including 3
pools and 3 parks, perfect for enjoying the California sunshine.
This home is a true gem, offering a blend of comfort, convenience,
and energy efficiency.
Unit Size
1,828 Ft²
Days on Market
21 days
Land Size
0.14 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
$134
Year Built
2014
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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 #IG24254051)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Listed by Oscar Tortola Group Real Estate Services | $560,000 | |
| Listed by Oscar Tortola Group Real Estate Services | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Elsinore Hills District
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Listed by: Guillermo Altamirano, Oscar Tortola Group Real Estate Services
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24254051
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24254051
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