$271,000
●
House -
Off Market
3503 Morro Hill Road
Hemet, CA 92545
4 Beds
3 Baths
1,567 Ft²
$387,960
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
***MUST SEE VIDEO TOUR*** Hard to find single story in a great
community and ideal location. As soon as you pull up to this home
you will fall in love with its curb appeal and gated courtyard.
Upon entry you are greeted with a bright and light open concept
floor plan. The family room, which features a cozy fireplace,
opens up to the elegant dining room and sunroom. Hardwood floorings
in the kitchen with ample storage and breakfast nook. Home features
master suite with two closests ~ bathroom with dual sinks and extra
storage ~ three additional spacious bedrooms ~ Casita with a
private entrance and own bathroom. Tranquil, landscaped backyard
surrounded by vinyl fencing. Patio with jacuzzi that is perfect for
those fall evenings. You are within walking distance to shopping,
restaurants and near Mary Henley Park. This is the home you have
been waiting for! Don't miss out on this great opportunity!
Unit Size
1,567 Ft²
Days on Market
17 days
Land Size
0.13 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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 #IG19241206)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2019 | Sold | ||
| Sold | |||
| Oct 14, 2019 | Listed by Remax Real Pros | $264,880 | |
| Listed by Remax Real Pros | |||
| Jan 14, 2014 | Sold | ||
| Sold | |||
| Dec 4, 2013 | Listed by Coldwell Banker West | $195,000 | |
| Listed by Coldwell Banker West | |||
| | |||
|
Stunning one story home featuring vaulted ceilings, hardwood floors in dining room and kitchen, stainless appliances, attached sunroom, separate CASITA with its own full bath & entrance. Ceiling fans in all rooms, above ground Jacuzzi, manicured front & back yards. PRIDE OF OWNERSHIP HERE. A must see. Neighborhoods: Mt Jacinto Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
Garage
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nelson Rodriguez, Remax Real Pros
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19241206
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19241206
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