1213 Shenandoah Drive
About This Property
Looking for a deal? Here it is! This single-story 3-bedroom, 2-bath Hemet home is priced below market value because it needs some TLC-giving the next buyer an opportunity to make it their own and build sweat equity!
Inside, you'll find an open floor plan plus a separate formal living space that could easily become a home office, bonus room, playroom, or additional family room. The home also features newer vinyl triple-pane windows, a 2-car garage, covered patio, **RV PARKING**, and leased solar panels.
Conveniently located in central Hemet near West Valley High School, shopping, dining, and everyday conveniences.
The seller is motivated and the price reflects the home's current condition. Bring your ideas, add your personal touches, and take advantage of an opportunity to purchase a home at a price that's hard to find!
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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 |
|---|---|---|---|
| Oct 7, 2026 | Sold | ||
| Sold | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Listed by Team Forss Realty Group | $425,000 | |
| Listed by Team Forss Realty Group | |||
| Jun 13, 2024 | No longer available | - | |
| No longer available | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017