$348,000
●
House -
Off Market
36470 Geranium Drive
Lake Elsinore, CA 92532
3 Beds
2 Baths
1,631 Ft²
$561,397
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Stunning single story home located in Canyon Hills. Beautiful
curb appeal with a Mediterranean flare and low maintenance
landscaping. This is truly the perfect home for the busy
professional, first time buyer or someone looking to downsize.
Upgrades and amenities include ample use of laminate wood flooring,
wood blinds, recessed lighting, vaulted ceilings and more. The open
concept floor-plan offers a secluded sense of space, with the
master bedroom being located on the opposite side of the house,
away from the secondary bedrooms. The gourmet kitchen is the
central focus of the home, and features a massive center island,
granite counters, mocha cabinets, stainless steel appliances and a
large pantry. Leased solar panels help keep utility costs
low. Canyon Hills is an active lifestyle planned community, that
includes resort style pools, parks, hiking trails and playgrounds.
A short drive to both the 215 and 15 freeway will allow for
an easy commute to most cities. Truly a lovely home that is
only 3 years old, and ready for a new owner.
Unit Size
1,631 Ft²
Days on Market
146 days
Land Size
0.12 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
$118
Year Built
2015
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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 #IV18165730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 12, 2020 | Listed | $425,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 1631 square feet.
| |||
| Dec 3, 2018 | Sold | ||
| Sold | |||
| Jul 10, 2018 | Listed by COLDWELL BANKER RES. BROKERAGE | $369,000 | |
| Listed by COLDWELL BANKER RES. BROKERAGE | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: LISA ANDRE, COLDWELL BANKER RES. BROKERAGE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18165730
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18165730
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