$410,000
●
House -
Off Market
26075 Lake Street
Hemet, CA 92544
4 Beds
2 Baths,
1
Half Bath
2,134 Ft²
$607,755
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Country life in the city. This lovely home is on 1.24 acres
with lots of room for all of your ideas. You enter into a
really large living room and a formal dining area that is big
enough for a 12 seat dining table. The kitchen has had some
updates with some stainless appliances and tile flooring.
There are four bedrooms - the three secondary bedrooms are
large with adequate closet space and ceiling fans. The master
bedroom is very spacious and has two large wardrobe closets.
The master bath has been updated with a huge step in tile
shower. The garage has been converted to a
family/exercise room and adds about four hundred square feet - it
is ducted for heat and air. The landscape has lots of trees
and a nice aluma wood patio cover and a pool. There is a barn
storage building a a small storage shed. The property is
mostly fenced and there is a big lot at the back
that is open and accessible from the front of the lot. Great
location for schools and shopping.
Unit Size
2,134 Ft²
Days on Market
138 days
Land Size
1.24 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #SW19256233)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2020 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by Century 21 McDaniel & Assoc. | $425,000 | |
| Listed by Century 21 McDaniel & Assoc. | |||
Property Highlights
Air Conditioning
Fireplace
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
Similar Homes for Sale
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Listed by: Dorothy McGargill, Century 21 McDaniel & Assoc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19256233
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19256233
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