$195,000
●
Mobile Manufactured -
Off Market
1622 Willow Leaf Drive
Hemet, CA 92545
2 Beds
2 Baths
1,906 Ft²
$302,454
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Welcome to this wonderful manufactured home in the highly desirable
active 55+ community of Seven Hills. This community offers an 18-
hole golf course, clubhouse, pool and spa and many other wonderful
amenities. This home features 2 bedrooms, 2 bathrooms, 1,906 square
feet, a spacious family room with a beautiful stone fireplace,
vaulted ceilings, separate dining room, large kitchen with plenty
of cupboard space and a breakfast counter bar. There is a
convenient indoor laundry room with storage and a two-car garage
with automatic opener. There is also a wonderful side yard with
grass. The HVAC unit is newer and is in great condition. With
a low-maintenance lifestyle and beautiful homes in the highly
desirable Inland Empire, Seven Hills has everything that active
adults could need or want and it is conveniently located close to
shopping and restaurants.
Unit Size
1,906 Ft²
Days on Market
91 days
Land Size
0.14 acres
Price per sqft
$105
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$101
Year Built
1989
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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: 4 months ago (CRMLS #SW18096107)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2018 | Sold | ||
| Sold | |||
| Apr 24, 2018 | Listed by Coldwell Banker Assoc.Brkr-Mur | $199,900 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Listed On
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Sold On
HOA + Taxes
About Hemet
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Listed by: Jennifer Murphy, Coldwell Banker Assoc.Brkr-Mur
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18096107
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18096107
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