$99,900
●
Mobile Manufactured -
Off Market
1721 Hoop Way
Hemet, CA 92545
3 Beds
2 Baths
1,344 Ft²
$146,603
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Situated on a corner lot this three bedroom two bath home with a
two car garage is sitting on a permanent foundation in the 55+
community of East Lake. As you enter from the side door you
will walk into the living room/dining room with corner rock hearth
fireplace. To the left is the master bedroom and bath. Laundry area
and Kitchen situated that side of the home. IF you turn to
the right there are two more bedrooms and a hall bath. Ample
storage is an added bonus throughout this home. Amenities in this
gated community include tennis, pool, sports court, pickle ball
court, clubhouse and nearby golf course at Seven Hills. This is a
Fannie Mae home.
Unit Size
1,344 Ft²
Days on Market
275 days
Land Size
0.11 acres
Price per sqft
$74
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$165
Year Built
1990
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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 #EV18262410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | Listed by Century 21 Masters | $229,900 | |
| Listed by Century 21 Masters | |||
| | |||
|
Spacious 3 bedroom 2 bath manufactured home on own lot in gated 55+ community- East Lake, in West Hemet! Home is located on a corner lot. Large covered patio/Deck area on front facing the Mountains east of town. Community includes many amenities for residents!
| |||
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| Oct 29, 2018 | Listed by REVIRON REALTY | $99,900 | |
| Listed by REVIRON REALTY | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Hemet
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Listed by: DARCI FLEMING, REVIRON REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18262410
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV18262410
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