3500 Mill Creek Drive
About This Property
Great Room, and all bedrooms.White kitchen cabinets and upgraded Quartz counter tops. Wood laminate flooring in all living areas, tile floors
in bathrooms and laundry room, upgraded carpet and pad in all bedrooms and closets. Gas stub at patio for future BBQ. Homeowners will
appreciate easy access to 215 freeway, State Route 74 and South Perris Metrolink Station, as well as shops and dining at Perris Crossings
Shopping center. Home is estimated to be move-in ready the last week of June! Come on out and tour this home today!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Price Increased |
$579,019
↑ $4K
(0.7%) | |
| Price Increased | |||
| Feb 26, 2026 | Relisted | $574,990 | |
| Relisted | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017