$155,000
●
Mobile Manufactured -
Off Market
1227 Bishop Drive
Hemet, CA 92545
3 Beds
2 Baths
1,896 Ft²
$243,615
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Come home to the 55+ community of Eastlake located in Hemet!
This friendly gated community offers activities daily at
their Club House, is close to the Seven Hills Golf Course,
shopping, restaurants and more! Other amenities include a
community pool & spa, Multipurpose Recreation Room, Tennis Courts,
Bunco, Bingo, other Games, luncheons, exercise classes. This
triple wide Silvercrest manufactured home offers approx. 1896 sqft
of living space, 3 bedrooms including a Master with walk-in closet.
Vaulted ceilings with ceiling fans in many of the rooms plus
built-in storage cabinets. Huge Living Room, Formal Dining
Room and a large kitchen with breakfast counter/bar and electric
cooking that opens up to the Family Room. Located on the
Greenbelt this home has a covered front patio area plus a ramp for
handicap access. Indoor laundry room with washer/dryer
included, utility sink and cabinets. 2-car garage attached by
breezeway to the house. New ac unit. Great home ready
for your upgrades to make it your own! Seller willing to put
on a permanent foundation if required for financing and replace
carpet.
Unit Size
1,896 Ft²
Days on Market
98 days
Land Size
0.14 acres
Price per sqft
$84
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$169
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: 4 months ago (CRMLS #SW18044480)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by Allison James Estates & Homes | $160,000 | |
| Listed by Allison James Estates & Homes | |||
| Sep 2, 2017 | Listed | $174,900 | |
| Listed | |||
| | |||
|
Eastlake is a 55+ gated community near Seven Hills golf club. This is an 1896 SF triple wide lovely home in very good condition on the quiet interior of the park. Home features a very large living room, formal dining room and a roomy kitchen. The master bedroom is large with a big walk-in closet. Laminate flooring in the kitchen, baths and laundry. the patio off the family room is very nice, covered and plenty of room for entertaining with a handicap ramp for access. The home fronts the greenbelt area. There is a two car garage with storage and very low maintenance landscape. Eastlake has a clubhouse, pool, and tennis courts. The association fee covers water, trash and sewer. You must see this very nice home. The manager has listed the unit size as 1896 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hemet
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Listed by: Brenda Brisson, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18044480
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18044480
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