$98,000
●
Mobile Manufactured -
Off Market
1039 Redondo Way
Hemet, CA 92543
2 Beds
1 Bath
1,440 Ft²
$156,409
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Welcome to Redondo Way located in Sierra Dawn. Huge 2 bed 2
bathroom home with so many extras. Amazing kitchen with granite
counters, stainless steel appliances, skylight and updated
cabinets. The master bedroom has attached master bath/shower and 3
closets! Guest bedroom has wall unit ac and also attaches to guest
bathroom. So much extra space with the living room, family room,
sun room and more. Lots of extra storage areas and a workshop. Neds
a little TLC but mostly in good condition.Call today for your
showing. You own the land!!! Cash Only due to age of home but there
is unconventional financing available and also Seller will
entertain carrying the note with a good down payment.
Unit Size
1,440 Ft²
Days on Market
60 days
Land Size
0.10 acres
Price per sqft
$76
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$121
Year Built
1972
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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 #SW20039753)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2020 | Sold | ||
| Sold | |||
| Feb 23, 2020 | Listed by Coldwell Banker Assoc Brkr-SC | $110,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Hemet
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Listed by: Dennis Amundson, Coldwell Banker Assoc Brkr-SC
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW20039753
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW20039753
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