$335,000
●
House -
Off Market
1996 Pecan Tree Street
Hemet, CA 92545
3 Beds
2 Baths
1,876 Ft²
$450,643
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Rare GOLF COURSE HOME in the Coranado section of Seven Hills. This
beautiful home offers many upgrades and features including wide
plank laminate wood flooring, granite countertops (with an eat-at
bar,) refinished cabinets, a water softening system, built in
entertainment center, custom fireplace, dual dining nooks an
additional formal dining room, newer appliances, an abundance of
cabinets/counter space, sunblock screens on windows, shade screens
on the exterior patio cover, ceiling fans throughout, a massive
attic space/storage area, the home is wired for an alarm system,
water softener, trash compactor, and Bose speakers are already hard
wired to the house. The 3-car garage has a wall of cabinets. There
is an oversized back and side yard with 2 alumawood pergolas and a
fantastic view of the fairway. This home is move-in ready. The
association fee for Seven Hills is very low. *There are optional
fees for club membership and golf. NOTE - storage bin and
storage shed are included with the sale. Lot is Located on the 10th
fairway. 55+ community.
Unit Size
1,876 Ft²
Days on Market
21 days
Land Size
0.24 acres
Price per sqft
$175
Property Type
House
Property Taxes
-
HOA Dues
$3
Year Built
1999
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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: 4 months ago (CRMLS #SW20149289)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Elite Properties Direct | $329,000 | |
| Listed by Elite Properties Direct | |||
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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ft²
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HOA + Taxes
About Hemet
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Listed by: Cale Thomas, Elite Properties Direct
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20149289
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20149289
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