$399,900
●
House -
For Sale
2637 Banyan Tree Lane
Hemet, CA 92545
3 Beds
2 Baths
2,062 Ft²
$1,968
Est. Monthly
$4
HOA / Fees
About This Property
Welcome to Seven Hills 55+ Senior Community, 2637 Banyan Tree , a
spacious single-story home offering 3 bedrooms, 2 bathrooms, and
approximately 2062 sqft of living space on a generous 6098 sqft
lot. Built in 1991, this property offers a desirable floor plan
with vaulted ceilings, an open-concept living area, fireplace, and
attached three-car garage. The home provides a great opportunity
for a buyer looking to update and personalize a property to their
own taste, or for an investor searching for a value-add opportunity
in the Seven Hills market. Step outside to the backyard and enjoy
the 180' view of the Golf Course 15th Fairway, Perfect for and
relaxing during Southern California days. There are Dual A/C and
Heat. Conveniently located near shopping, dining, recreation.
Property is being sold in its present as-is condition. This is an
excellent opportunity to purchase a well-sized home on the Golf
Course at an attractive price point. Bring your imagination and
make this property your own.
Unit Size
2,062 Ft²
Days on Market
13 days
Land Size
0.14 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
$4
Year Built
1991
Listed By
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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 days ago (CRMLS #SW26221484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Century 21 Masters | $399,900 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Concrete, Direct Access, Garage Faces Front, Garage, DoorMulti, DrivewayUpSlopeFromStreet
Garage Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Open Floorplan, Storage, SeparateFormalDiningRoom, PrimarySuite
Appliances: Dishwasher, Gas Range, Microwave
Flooring Type: Carpet, Laminate
Door Features: Sliding Doors
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Square Footage: 2062
Square Footage Source: $0
Property Condition: RepairsCosmetic
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 1991
Levels: One
Window Features: Blinds, Double Pane Windows
Construction Materials: Stucco
Patio and Porch Features: Covered, Concrete
Pool Features: None
Lot Features: Front Yard, Irregular Lot, Sloped Up, SprinklerSystem
Lot Size Area: 6098
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Tax Lot: 167
Water Source: Public
Utilities Details
Cooling Type: Central Air, Dual, Electric
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Management
HOA Fee: $51
HOA Fee Frequency: Annually
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 Hemet
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Listed by: Dodie ONeal, Century 21 Masters
Last Updated: 5 days ago
Data Source: CRMLS, MLS# SW26221484
Last Updated: 5 days ago
Data Source: CRMLS, MLS# SW26221484
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