$169,000
●
House -
Off Market
361 Rainier Way
Hemet, CA 92543
2 Beds
2 Baths
1,170 Ft²
$252,676
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
THIS WELL KEPT HOME IS IN HEMET'S PANORAMA VILLAGE, A 55+ SENIOR
GOLF COMMUNITY AND IS ONE OF THE BEST DEALS AROUND. TWO
BEDROOM, TWO BATH, PERMITTED ROOM ADDITION WITH BRICK FIREPLACE,
REMODELED KITCHEN AND BATHS PLUS NUMEROUS FINISHING TOUCHES ARE BUT
A FEW OF THE REASONS TO MAKE THIS YOUR FIRST CHOICE. LOCATED
ON A QUIET INTERIOR STREET MAKE FOR PEACEFUL AND RESTFUL
RETREAT. THE GOLF IS INCLUDED IN THE LOW HOMEOWNER'S ASSOCIATION
FEE ALONG WITH CLUBHOUSE, POOL, SPA, LIBRARY, DOG PARK AND MUCH
MORE. DON'T DELAY, SEE IT TODAY.
Unit Size
1,170 Ft²
Days on Market
51 days
Land Size
0.10 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
1964
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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 #SW18117852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2022 | No longer available | - | |
| No longer available | |||
| Feb 18, 2022 | In contract | - | |
| In contract | |||
| Dec 16, 2021 | Listed by Coldwell Banker Kivett-Teeters | $285,000 | |
| Listed by Coldwell Banker Kivett-Teeters | |||
| | |||
|
Beautiful 2 bed 2 bath home in the Panorama Village Sr. Community with golf course and clubhouse and other great amenities. Recently beautifully renovated kitchen and bathroom. Come take a look at this great home!!!! The manager has listed the unit size as 1170 square feet.
| |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed by Century 21 McDaniel & Assoc. | $167,000 | |
| 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
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Ian Davidson, Century 21 McDaniel & Assoc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18117852
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18117852
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