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24831 Tigris Lane
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $299,999 | |
| Listed | |||
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This lovely two-story home is located in a desirable East Hemet neighborhood and is one you do not want to miss out on. Walking into this home you will immediately notice the open floorplan and high ceilings. The open kitchen is well laid out with plenty of storage space and a desirable center island. The kitchen sits conveniently between the dining area and a cozy family room with a fireplace. All three spacious bedrooms and two full sized bathrooms sit upstairs, with an addition of a nice loft space. The large usable and pool sized backyard gives you a great deal of privacy where you will be able to enjoy views of the hills at your leisure. This home is located only 20-25 minutes from the Idyllwild mountains and less than 10 minutes from the new Soboba casino and golf course. This community has NO MELLO ROOS, Low Taxes and there is no HOA! The manager has listed the unit size as 2119 square feet.
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| Jun 19, 2019 | Listed by Reliable Realty Inc. | $289,000 | |
| Listed by Reliable Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017