$395,000
●
House -
Off Market
1360 Hickory Drive
Hemet, CA 92545
3 Beds
2 Baths
2,025 Ft²
$2,017
Est. Monthly
$4
HOA / Fees
8.46%
Cap Rate
About This Property
THIS RARE OPPORTUNITY WITHIN THE SEVEN HILLS 55+ GOLF COMMUNITY
OFFERS ONE OF THE LARGER HOMES AVAILABLE WHICH SELDOM COMES ON THE
MARKET. FEATURING THREE SPACIOUS BEDROOMS AND TWO BATHROOMS, THE
PRIMARY BEDROOM IS AN ENSUITE. UPON ENTERING, YOU WILL NOTICE THE
FORMAL LIVING ROOM WITH PLANTATION SHUTTERS WHICH IS OPEN TO THE
FORMAL DINING ROOM. MOVING FURTHER INTO THIS LOVELY HOME, THERE IS
AN OPEN WET BAR AREA NEAR THE FAMILY ROOM WITH FIREPLACE AND A
DINING AREA ALSO WITH PLANTATION SHUTTERS THAT IS ADJACENT TO THE
KITCHEN. THE KITCHEN BOASTS NEWER UPGRADED APPLIANCES. ANOTHER
ADDITIONAL SPACE FOR ENTERTAINING OR RELAXING IS THE SUNROOM AREA
WELL LIT WITH SKYLIGHTS. IT IS EVIDENT THAT THIS HOME HAS BEEN
METICULOUSLY MAINTAINED BY WHO IS ONLY THE SECOND OWNER OF THIS
HOME, INCLUDING THE GARAGE WHERE YOU WILL FIND EXTRA CABINET
STORAGE. THIS COMMUNITY PROVIDES AMENITIES SUCH AS A POOL, SPA,
CLUBHOUSE, AND SOME RV PARKING FOR HOMEOWNERS. THE HOA MAINTAINS
HIGH STANDARDS WITH A LOW ANNUAL RATE.
Unit Size
2,025 Ft²
Days on Market
94 days
Land Size
0.15 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
$4
Year Built
1984
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Cap Rate Calculator
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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: 2 years ago (CRMLS #PW25029184)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | Listed by Keller Williams College Park | $409,900 | |
| Listed by Keller Williams College Park | |||
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: Corinne Gonzalez, Keller Williams College Park
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25029184
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25029184
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