1880 Ace Street
About This Property
Designed with flexibility in mind, the multi-generational layout provides ideal space for extended family, guests, or a private home office its very own washer and dryer and private entrance . The spacious tandem garage offers plenty of room for additional vehicles, storage, or recreational equipment.
Residents of Colt Ridge enjoy access to exceptional HOA amenities, including a recreation center, sparkling swimming pool, parks, playgrounds, and outdoor gathering areas that foster a true sense of community. Situated on the edge of town, this home offers a peaceful neighborhood setting while remaining conveniently located just minutes from major highways, shopping, dining, schools, and everyday conveniences.
Don't miss this opportunity to own one of Colt Ridge's standout homes, combining modern upgrades, versatile living spaces, and resort-style community amenities in a prime Hemet location!
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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 |
|---|---|---|---|
| Jul 29, 2026 | Price Decreased |
$685,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Jun 17, 2026 | Listed by Real Brokerage Technologies | $699,999 | |
| Listed by Real Brokerage Technologies | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017