$145,000
●
House -
Off Market
1561 Edgewood Lane
Hemet, CA 92543
2 Beds
2 Baths
1,170 Ft²
$224,048
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Beautiful home in the sought after Panorama Village 55+ community!
This is a nice home with lots of potential. Great layout and big
rooms. A huge lot with fruit trees and beautiful views of the
surrounding mountains. Please make an appointment and come see this
home that is priced to sell! Low HOA fees and they offer lots of
things including golf!
Unit Size
1,170 Ft²
Days on Market
65 days
Land Size
0.14 acres
Price per sqft
$121
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
1964
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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 #SW17251991)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Relisted | $310,000 | |
| Relisted | |||
| Oct 3, 2025 | Price Decreased |
$310,000
↓ $20K
(5.9%) | |
| Price Decreased | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed | $329,500 | |
| Listed | |||
| | |||
|
Come see this beautifully two-bedroom, two bath home in Panorama Village (Age 55+). This home is move in ready and shows incredibly well! Low
maintenance front yard and a spacious backyard for entertaining. Community amenities include pool/ spa, clubhouse, golf course and
more! Bring your buyers as they will not be disappointed!
| |||
| Jan 10, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Dennis Amundson, CB Kivett Teeters
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17251991
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17251991
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