$240,000
●
House -
Off Market
1045 Dixie Drive
Hemet, CA 92543
2 Beds
2 Baths
1,351 Ft²
$378,032
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
RANCH STYLE HOME IN AN ESTABLISHED NEIGHBORHOOD OF HEMET. THIS
1,351 SQ. FT. HOME OFFERS 2 BEDROOMS AND 2 BATHROOMS WITH A HUGE
BONUS ROOM. NICE LIVING ROOM WITH A BRICK LINED FIREPLACE. KITCHEN
HAS PLENTY OF CUPBOARD SPACE, A BREAKFAST BAR AND NEWER APPLIANCES.
NEW PAINT AND NEW WOOD LAMINATE FLOORING THROUGH OUT THE HOUSE.
DINING AREA WITH LAUNDRY CLOSET AND PANTRY. KITCHEN DOOR LEADS TO
COVERED PATIO AND ROOM ADDITION (UNKNOWN IF PERMITTED) BETWEEN HOME
AND TWO CAR GARAGE. ON THE OTHER SIDE OF THE GARAGE THERE'S ANOTHER
CARPORT AND WORKSHOP. HUGE FLAG SHAPED LOT FOR YOUR RV AND ALL YOUR
TOYS.
Unit Size
1,351 Ft²
Days on Market
119 days
Land Size
0.26 acres
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #SW18110176)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed | $249,900 | |
| Listed | |||
| | |||
|
RANCH STYLE HOME IN AN ESTABLISHED NEIGHBORHOOD OF HEMET. THIS 1,351 SQ. FT. HOME OFFERS 2 BEDROOMS AND 2 BATHROOMS WITH A HUGE BONUS ROOM. NICE LIVING ROOM WITH A BRICK LINED FIREPLACE. KITCHEN HAS PLENTY OF CUPBOARD SPACE, A BREAKFAST BAR AND NEWER APPLIANCES. NEW PAINT AND NEW WOOD LAMINATE FLOORING THROUGH OUT THE HOUSE. DINING AREA WITH LAUNDRY CLOSET AND PANTRY. KITCHEN DOOR LEADS TO COVERED PATIO AND ROOM ADDITION (UNKNOWN IF PERMITTED) BETWEEN HOME AND TWO CAR GARAGE. ON THE OTHER SIDE OF THE GARAGE THERE'S ANOTHER CARPORT AND WORKSHOP. HUGE FLAG SHAPED LOT FOR YOUR RV AND ALL YOUR TOYS. The manager has listed the unit size as 1351 square feet.
| |||
| May 10, 2018 | Listed by Vogler Feigen Realty | $249,900 | |
| Listed by Vogler Feigen Realty | |||
Property Highlights
Air Conditioning
Fireplace
Parking Available
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
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Sold On
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HOA + Taxes
About Hemet
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Listed by: Ruben Gutierrez, Vogler Feigen Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18110176
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18110176
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