$198,000
●
Mobile Manufactured -
Off Market
1207 Sorrel Drive
Hemet, CA 92545
2 Beds
2 Baths
1,464 Ft²
$1,213
Est. Monthly
$235
HOA / Fees
About This Property
Having paid off solar makes this home energy efficient, and having
battery backup you won't lose power for any appliances or medical
equipment. Active 55+ seniors will want to check out this corner
lot home on a permanent foundation in the gated and desired East
Lake Estates located next to Seven Hills golf course. Spacious 2
bedroom & 2 bathoom home features living room next to the dining
area with built-in hutch, a light & bright kitchen that opens up to
the family room, and inside laundry room with storage, folding area
& a utility sink. The primary bedroom has a walk-in closet, and the
primary bathroom has dual sinks, vanity area, shower, and a
theraputic step-in tub. Secondary bedroom has direct access to the
guest bedroom with shower. Oversized two car garage for your
vehicles & storage, and the home is located close to the guest
parking for your guests. Ramp leading up to the front porch is a
plus. Low maintenace exterior adds to the beauty. Low monthly HOA
dues include use of the clubhouse, sports courts and fun community
activities. Make an appointment to see this one today!
Unit Size
1,464 Ft²
Days on Market
76 days
Land Size
0.12 acres
Price per sqft
$136
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$235
Year Built
1983
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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: 6 months ago (CRMLS #SW26042218)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$199,000
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by Coldwell Banker Kivett-Teeters | $200,000 | |
| Listed by Coldwell Banker Kivett-Teeters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Christina Carlin, Coldwell Banker Kivett-Teeters
Last Updated: 6 months ago
Data Source: CRMLS, MLS# SW26042218
Last Updated: 6 months ago
Data Source: CRMLS, MLS# SW26042218
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