$245,000
●
House -
Off Market
1347 Pepper Tree Drive
Hemet, CA 92545
2 Beds
2 Baths
1,612 Ft²
$382,103
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Featuring great curb appeal, an attractive two-sided fireplace,
lovely window coverings throughout, and a fully finished 2 car
garage with built-in cabinets and workbench, this 1612 sq ft home
boasts two bedrooms plus a third bedroom that has been converted to
a den, a formal living room, and a spacious room. You'll
enter the home through inviting double doors into a large tiled
entry hall that leads to the living room. The kitchen has a
glass-top range and a microwave, and is adjacent to the dining area
and open to the family room. You'll love the easy-care yards,
the delightful screened in patio, and the many fruit trees.
With its low association fee of only $36 a year, and with
golf and the Members' Clubhouse amenities such as the pool, spa,
meeting room, library and shuffleboard court - all available for an
optional fee, 55+ Seven Hills is the perfect choice for your
retirement home. Call to see this home today!
Unit Size
1,612 Ft²
Days on Market
169 days
Land Size
0.17 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
$3
Year Built
1980
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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 #SW17251823)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2022 | No longer available | - | |
| No longer available | |||
| Oct 18, 2022 | In contract | - | |
| In contract | |||
| Oct 6, 2022 | Listed by KELLER WILLIAMS SOCAL | $349,900 | |
| Listed by KELLER WILLIAMS SOCAL | |||
| | |||
|
Welcome to Seven Hills, one of Hemet’s best 55 and better communities. Featuring a very affordable HOA with golf course accessibility. This beautiful home has been delightfully updated with laminated flooring, rustic wood accent walls in the kitchen and more. The home features two bedrooms plus a complete office that can be turned back into a bedroom.Lovely 55+ Community of Seven Hills. Located On Cul De Sac. Quiet and Serene, Backyard Overlooking Public Golf Coarse. Lovely Flora and Grass Surrounds Backyard. This 3 Bedrooms, 2 Bath Home Has So Much To Offer, Which Includes All Newer Stainless Steel/Samsung Appliances. Built in Dishwasher, Sink, Microwave, Free Standing Refrigerator, 5 Burner Range with Oven. Open Concept Kitchen, Dining Room and Family Room. Living Room With Oversized Smart T.V.. See Thru Fireplace in Living Room Thru To Family Room. Custom Cabinetry, Work Station Sink & Newer Garbage Disposal as well. Updated Fixtures, Double Paned Windows Through Out. If You Are Ready To Retire, This Home Is For You To Relax And Enjoy, Within The Seven Hills Community The manager has listed the unit size as 1612 square feet.
| |||
| Apr 24, 2018 | Sold | ||
| Sold | |||
| Nov 6, 2017 | Listed by Century 21 McDaniel & Associa | $249,000 | |
| Listed by Century 21 McDaniel & Associa | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
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: Pauline Lynn, Century 21 McDaniel & Associa
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17251823
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17251823
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