$250,000
●
House -
Off Market
2035 Iris Way
Hemet, CA 92545
4 Beds
2 Baths
1,414 Ft²
$378,242
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Here is your chance to own a beautiful single story home in a nice
and quiet, established neighborhood. Close to schools and
shopping, this 4 bedroom and 2 bath home has been nicely
upgraded...making it move-in ready! The light and bright
kitchen and eating area features Corian counters and tile floors,
while there is beautiful wood-laminate flooring throughout most of
the rest of the living space. You will love entertaining in
the huge family room, with its warm and inviting fireplace, and the
sliding glass doors lead out to an over-sized rear yard that is
extremely,ly low maintenance. There is a large patio cover to
keep you cool on those warm summer days, and a Hot Tub in which to
relax after a hard day at work. Plus...NO HOA and really LOW
TAXES! You will really have to see this home to appreciate
all it has to offer. Hurry...before it is gone!!!
Unit Size
1,414 Ft²
Days on Market
60 days
Land Size
0.15 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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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 #SW18117446)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by Century 21 Wright | $249,990 | |
| Listed by Century 21 Wright | |||
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
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Gregory Allen, Century 21 Wright
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18117446
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18117446
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