$308,307
●
House -
Off Market
36499 Geranium Drive
Lake Elsinore, CA 92532
4 Beds
2 Baths
2,117 Ft²
$560,068
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
This beautiful home features a spacious kitchen with rich dark
cabinetry, granite counters, and stainless steel appliances. Lots
of other great features including: secondary bedroom on the first
floor, wood laminate flooring, custom paint, walk-in pantry,
laundry room, and landscaped yards both front and back. Lots of
windows. Energy efficient features throughout to save you $$.
Located west of Canyon Lake in the foothills of Lake Elsinore,
adjacent to a brand new elementary school. The award-winning master
planned community of Canyon Hills offers convenient shopping,
neighborhood and community parks, recreation centers, 900 acres of
preserved open space.
Unit Size
2,117 Ft²
Days on Market
115 days
Land Size
0.16 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
$119
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: 5 months ago (CRMLS #IG14260885)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2015 | Sold | ||
| Sold | |||
| Dec 19, 2014 | Listed by First Team Real Estate | $309,807 | |
| Listed by First Team Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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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Sold On
Sold On
HOA + Taxes
About Lake Elsinore Hills District
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Steven Osborne, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG14260885
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG14260885
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