$270,000
●
House -
Off Market
25141 Elan Drive
Hemet, CA 92544
4 Beds
3 Baths
1,704 Ft²
$405,981
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
Welcome home to 25141 Elan Drive. When you first arrive you'll
notice the large front yard with RV gate access; perfect for your
trailer, boat, or toys! When you enter the home you will find a
living room/dining room combo room, a family room with a brick
fireplace, a guest bedroom and full bathroom, and a kitchen with
lots of storage that looks out into the backyard. The large master
bedroom is upstairs with dual door entry and a generous sized walk
in closet. The master bathroom features dual vanity sinks and a
skylight. The upstairs continues with two other guest bedrooms, a
full bathroom, and two more skylights for natural lighting. The
property is a very good size in both front and rear with the
majority being flat and very useable and has no rear neighbors. The
original owner is still residing at the location. Property does
need some cosmetic updates but has been maintained and cared for
throughout the years.
Unit Size
1,704 Ft²
Days on Market
55 days
Land Size
0.17 acres
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #SW18230755)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2018 | Sold | ||
| Sold | |||
| Sep 21, 2018 | Listed by Blue Water Realty | $267,500 | |
| Listed by Blue Water Realty | |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Valle Vista
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Listed by: Christine Lovett, Blue Water Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18230755
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18230755
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