$260,000
●
House -
Off Market
2740 Banyan Tree Lane
Hemet, CA 92545
3 Beds
2 Baths
1,654 Ft²
$414,036
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Many quality upgrades await the buyer of the home in Seven Hills,
an age restricted golf resort community. Tile floors, newer
kitchen remodel, open floor plan, outstanding covered patio
surrounded by low maintenance landscaping and much more. Many
of the upgrades were done with the last few years so you'll be
getting a fresh home that looks like new. the homeowners fees
are incredibly low ($36 per year) and for an additional amount the
owner can access clubhouse, RV parking and golf. Don't delay,
see this today!
Unit Size
1,654 Ft²
Days on Market
78 days
Land Size
0.14 acres
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
$3
Year Built
1989
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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 #SW17143189)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Coldwell Banker Kivett-Teeters | $399,000 | |
| Listed by Coldwell Banker Kivett-Teeters | |||
| | |||
|
Check out this 3 Bedroom, 2 Bath home in the desired senior 55+ Seven Hills community nestled within a golf course. Open floor plan, tile floors, gas fireplace in living room, and large dining area with wainscoting. Kitchen has lots of cabinets, newer gas range, and a breakfast bar next to the eating area. Primary bedroom and one of the guest bedrooms have double door entry. All of the bedrooms have ceiling fans. Primary bathroom has full size step-in shower, dual sinks with available vanity seating, and a walk-in closet. Inside laundry room has ample storage and room for your hampers or a folding table. Low maintence landscaped front yard. Enter your lovely back yard from either eating area or the primary bedroom. The patio is covered and also has a skylight. There is natural gas connection for your BBQ. Close to shopping, restaurants, medical facilities, and is commuter friendly. Low taxes and annual HOA. For an additional biannual fee, you can join the Members Club which includes amenities such as indoor & outdoor pools, clubhouse, fitness center, library, card & billards rooms, and shuffleboard courts.
| |||
| Sep 8, 2017 | Sold | ||
| Sold | |||
| Jun 22, 2017 | Listed by Century 21 McDaniel & Assoc. | $260,000 | |
| Listed by Century 21 McDaniel & Assoc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hemet
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Listed by: Ian Davidson, Century 21 McDaniel & Assoc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17143189
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17143189
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