$188,000
●
House -
Off Market
1114 Griffith Way
Hemet, CA 92543
3 Beds
1 Bath,
1
Half Bath
1,008 Ft²
$298,828
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
You Won't Want To Miss This One! It's the Perfect Starter Home!
This home features lots of upgrades and just minutes from the new
Hemet Elementary School. The kitchen and bathrooms were recently
updated. All bedrooms have fresh paint and include a ceiling fan,
faux wood blinds and black out curtains. A new central heating/AC
unit. If you don't want to run the air, there is also a swamp
cooler. The home is equipped with a security system and ready to be
used if desired. New carpet has been installed in the enclosed
patio that the family has used as a great room for the kids to play
in. There is a storage shed out back to hold all of your gardening
tools.
Unit Size
1,008 Ft²
Days on Market
96 days
Land Size
0.16 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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: 4 months ago (CRMLS #217019298DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2024 | No longer available | - | |
| No longer available | |||
| Dec 2, 2023 | In contract | - | |
| In contract | |||
| Nov 8, 2023 | Listed by LONESTAR REAL ESTATE SERVICES | $399,900 | |
| Listed by LONESTAR REAL ESTATE SERVICES | |||
| | |||
|
Roof 3 years old
New solar panels
$65.00 per month fee only
Laminate flooring installed 4 yrs ago
All windows new 3 yrs installed
A/C services October 17, 2023
Central heat also serviced same date Oct 17
New water heater 8 months ago
Automatic Sprinklers front and back
Washer and dryer in garage
2 car garage door works perfectly fine
Laminate flooring throughout house except
Kitchen and bathrooms The manager has listed the unit size as 1008 square feet.
| |||
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $188,000 | |
| Listed | |||
| | |||
|
You Won't Want To Miss This One! It's the Perfect Starter Home! This home features lots of upgrades and just minutes from the new Hemet Elementary School. The kitchen and bathrooms were recently updated. All bedrooms have fresh paint and include a ceiling fan, faux wood blinds and black out curtains. A new central heating/AC unit. If you don't want to run the air, there is also a swamp cooler. The home is equipped with a security system and ready to be used if desired. New carpet has been installed in the enclosed patio that the family has used as a great room for the kids to play in. There is a storage shed out back to hold all of your gardening tools. The manager has listed the unit size as 1008 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Hemet Valley
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Listed by: Amber Placentia, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217019298DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217019298DA
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