$91,000
●
House -
Off Market
2073 Morada Court
Hemet, CA 92545
2 Beds
1 Bath
820 Ft²
$142,885
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Singles family residence located in the 55+ Valle Hermosa
community. As you enter this home you walk into the living room
that is open to the dining room with a cozy kitchen just beyond.
Down the hall is one bathroom and two bedrooms, one of these
bedrooms has sliding door access to a converted patio room. Side
yard has a nice size shed for all your garden supplies. Please do
your due diligence regarding bonus/patio room permits.
Unit Size
820 Ft²
Days on Market
101 days
Land Size
0.09 acres
Price per sqft
$109
Property Type
House
Property Taxes
-
HOA Dues
$5
Year Built
1979
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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 #EV17042940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2021 | No longer available | - | |
| No longer available | |||
| Oct 3, 2021 | In contract | - | |
| In contract | |||
| Sep 18, 2021 | Listed by KW Vision | $220,000 | |
| Listed by KW Vision | |||
| | |||
|
Beautifully remodeled house in a quiet senior community! Very affordable decent home! Nice laminate floors in living areas. Central Air and Heat, Fenced in Yard, Patio, Decent Sized Bedrooms, Good sized kitchen with Stainless Appliances, Immaculate Bathroom, Garage in a beautiful tree lined street. The manager has listed the unit size as 820 square feet.
| |||
| Jun 12, 2017 | Sold | ||
| Sold | |||
| Mar 3, 2017 | Listed by REVIRON REALTY | $89,000 | |
| Listed by REVIRON REALTY | |||
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: DARCI FLEMING, REVIRON REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17042940
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV17042940
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