$240,000
●
House -
Off Market
1935 Tamarack Lane
Hemet, CA 92545
2 Beds
2 Baths
1,828 Ft²
$408,714
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Located in desirable Seven Hills, this 1828 sq ft home has great
curb appeal. You'll enter the home through a gated courtyard
and double doors. The home boasts a spacious living room with
a cathedral ceiling, a fireplace and a large adjacent dining area.
The kitchen has lots of counter space, a newer refrigerator,
and a kitchen eating area next to the good-sized family room.
There are two bedrooms plus an office and 2 baths. The
master suite features a walk-in closet and dual sinks, a walk-in
shower and a separate room for the commode. You'll find
mirrored closet doors in the second bedroom. There's also an
office/craft room. You'll love the easy-care yards.
With its low association fee of only $36 a year, and with
golf and the Members' Clubhouse amenities such as the pool, spa,
meeting room, library and shuffleboard available for an optional
fee, 55+ Seven Hills is the perfect choice for your retirement
home. Call to see this home today!
Unit Size
1,828 Ft²
Days on Market
95 days
Land Size
0.13 acres
Price per sqft
$141
Property Type
House
Property Taxes
-
HOA Dues
$3
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 #SW17222155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2017 | Sold | ||
| Sold | |||
| Sep 25, 2017 | Listed by Century 21 McDaniel & Associa | $258,000 | |
| Listed by Century 21 McDaniel & Associa | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
Similar Homes for Sale
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Listed by: Pauline Lynn, Century 21 McDaniel & Associa
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17222155
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW17222155
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