$389,000
●
House -
In Contract
1453 Rabbit Peak Way
Hemet, CA 92545
6 Beds
3 Baths
2,744 Ft²
$1,911
Est. Monthly
About This Property
FLIPPERS DREAM! This is a diamond in the (real) rough.
6 bedrooms, one downstairs, and three baths. Perfect
for home office, or multi-generational use. Home has a pool,
and an extra large lot with a center courtyard. Located on a
quiet cul-de-sac. Long driveway for multiple cars, boat or RV
parking. ... BUT needs everything! Prior owner unable to care
for home and property needs full rehab. Dogs on property have
caused significant damage. Solar panels on home are not
operational. No contract or money owed on panels. Cash or
hard money loan.
Unit Size
2,744 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
Listed By
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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: 18 days ago (CRMLS #OC26207056)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Listed by eXp Realty of Southern California, Inc | $389,000 | |
| Listed by eXp Realty of Southern California, Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Has Open Parking
Parking Features: Attached Carport, Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Dishwasher
Laundry Features: Inside
Has Fireplace
Fireplace Features: See Remarks
Exterior Details
Square Footage: 2744
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1998
Levels: Two
Patio and Porch Features: Concrete
Pool Features: Private
Pool is Private
Lot Features: Back Yard, Front Yard, ZeroToOneUnitAcre
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Tax Lot: O
Water Source: Public
Utilities Details
Cooling Type: Central Air, Wall/Window Unit(s)
Heating Type: Central
Sewer : Public Sewer
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: Kathi Jesse, eXp Realty of Southern California, Inc
Last Updated: 18 days ago
Data Source: CRMLS, MLS# OC26207056
Last Updated: 18 days ago
Data Source: CRMLS, MLS# OC26207056
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