725 Spinnaker Drive
About This Property
Enjoy hosting under the newly replaced back patio cover, while inside, newer luxury vinyl plank flooring throughout the downstairs exudes warmth and sophistication. The kitchen features ample space and overlooks the inviting family room, ideal for gatherings.
Outside, the grassy lawn awaits, framed by vinyl fencing for added privacy and a touch of contemporary charm. Imagine harvesting your own citrus from the lemon, orange, and Santa Rosa plum trees in your own backyard!
Benefit from the convenience of no HOA fees and low taxes, enhancing the appeal of this already desirable property. Perfectly situated in a residential neighborhood, yet close to amenities and commuting routes, this home offers the best of suburban living.
Don't miss your chance to own this exceptional Perris gem- schedule your showing today and make 725 Spinnaker your new home!
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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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 17, 2024 | Listed by Exit Alliance Realty | $535,000 | |
| Listed by Exit Alliance Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017