$400,000
●
House -
Off Market
1885 Silver Oak
Hemet, CA 92545
3 Beds
2 Baths
1,750 Ft²
$1,970
Est. Monthly
$5
HOA / Fees
About This Property
GOLF COURSE LIVING.. Seller will pay $10,000 for Closing cost or
rate buy down So relaxing to just sit outside under the new
patio cover that spans the entire length of the house.
This home has 3 bedroom and 2 full bath. A big open living room with a fireplace. The kitchen has an area for dining table and a few bar stools. There is plenty of room to have a few chefs in this kitchen at the same time, plus it has tons of storage. There is an enclosed patio room, the size is about 20X20 with French doors leading to the patio. The owner added new concrete all along the side by the garage and put in the back patio all new.
Easy care front and back yard.
Low HOA.
Low taxes.
Owner may carry short term with a good down payment.
This home has 3 bedroom and 2 full bath. A big open living room with a fireplace. The kitchen has an area for dining table and a few bar stools. There is plenty of room to have a few chefs in this kitchen at the same time, plus it has tons of storage. There is an enclosed patio room, the size is about 20X20 with French doors leading to the patio. The owner added new concrete all along the side by the garage and put in the back patio all new.
Easy care front and back yard.
Low HOA.
Low taxes.
Owner may carry short term with a good down payment.
Unit Size
1,750 Ft²
Days on Market
117 days
Land Size
0.14 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
$5
Year Built
1978
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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 #SW26045921)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Price Increased |
$400,000
↑ $10K
(2.6%) | |
| Price Increased | |||
| Mar 2, 2026 | Listed by Coldwell Banker Assoc Brkr-SC | $390,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
| Jul 24, 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
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HOA + Taxes
About Hemet
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Listed by: George Williams, Coldwell Banker Assoc Brkr-SC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW26045921
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW26045921
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