187 Caldera Lane
About This Property
Discover an exceptional opportunity in West Hemet! This spacious single-story home offers 4 bedrooms, 2 bathrooms, and approximately 2,257 sq. ft. of living space, combining comfort, functionality, and room to make it your own. The inviting floor plan features generous living areas and a spacious kitchen with abundant cabinetry and counter space, ideal for everyday living and entertaining. The primary suite offers direct backyard access, while the fully fenced, low-maintenance backyard overlooks the neighboring golf course with no immediate rear neighbor, providing an open and inviting setting to relax or entertain. Additional highlights include a desirable 3-car garage, low HOA, low taxes, and leased solar. Conveniently located near parks, trails, schools, shopping, dining, and Diamond Valley Lake, with Temecula Wine Country and major commuter routes within easy reach. Offered at $495,000, this home presents an incredible opportunity to enjoy generous living space, golf course views, and single-story convenience! Schedule your private showing today and see the possibilities for yourself!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$495,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Oct 7, 2026 | Price Decreased |
$515,000
↓ $12K
(2.3%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by PS Real Estate | $527,000 | |
| Listed by PS Real Estate | |||
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017