$270,000
●
House -
Off Market
1320 Seven Hills Drive
Hemet, CA 92545
3 Beds
2 Baths
1,612 Ft²
$396,224
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Welcome home to this charming Seven Hills 55+ community! This
darling home is located just off the golf course and features 3
Bedroom, 2 Baths. The open floor plan is perfect for
entertaining.The large family room with high ceiling flows right
into the kitchen and dining area. The living room has a duel
fireplace and sliding doors leading out to the private back yard
with mature landscaping. The drought tolerant landscape
allows for easy maintenance. You will not be disappointed with this
home as it truly is move in ready. The Seven Hills 55+ community
amenities include a community pool, spa, club house, shuffle board
court,and library and the HOA fee is very low. ! Relax and enjoy
the tranquil settings or enjoy dinner and drinks at the Seven Hills
Golf Club. This community has it all! BACK ON THE MARKET SELLERS
DID NOT PERFORM, SELLERS MOTIVATED!!!
Unit Size
1,612 Ft²
Days on Market
280 days
Land Size
0.14 acres
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
$36
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 #SW18258354)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2018 | Listed by Keller Williams, The Lakes | $269,999 | |
| Listed by Keller Williams, The Lakes | |||
| Nov 6, 2017 | Sold | ||
| Sold | |||
| Aug 28, 2017 | Listed by Century 21 McDaniel & Assoc. | $244,500 | |
| Listed by Century 21 McDaniel & Assoc. | |||
 | |||
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THREE BEDROOMS & PRIVATE BACKYARD
Clean and quiet are the first two words that come to mind when describing this house. Located in the 55+ golf course community of Seven Hills featuring a very minimal Homeowners Association fee this home has newer furnace, garage door, baseboards, interior paint and motion sensitive outdoor light fixtures. Stainless steel kitchen appliances are only a few years old and the cabinets have been revamped with new hardware and reconfigured for appearance and efficiency. Newer window coverings and chandelier along with water conserving shower head and toilets in the bathrooms complete the modernization of this home. The wall of Bottlebrush form a secluded backyard and a haven for butterflies and hummingbirds. Vaulted ceiling, open floor plan, see-thru fireplace, great kitchen and private backyard make this a must see!
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About Hemet
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Listed by: Roxanne Peralta, Keller Williams, The Lakes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18258354
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18258354
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