1
Map
$211,000
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House -
Off Market
40603 Poppy Drive
Hemet, CA 92544
2 Beds
2 Baths
1,228 Ft²
$342,376
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Fantastic curb appeal on the appealing two bedroom two bath ranch
style home. The exterior colors are a complementary back drop for
the mature water friendly landscape. The circular driveway and
gated RV access offer ample room for your toys. The spacious living
room is bright and inviting with a large fireplace and cushy new
carpet. Light neutral colors throughout will accommodate your
personal sense of style! The kitchen offers new stainless steel
appliances, new counter tops and ample storage. The dining area is
centrally located between the kitchen and the living room. Both
bedrooms offer walk in closets, and the master bedroom actually has
two closets. One of the outstanding features of this home is the
abundant storage that is offered. The large bonus room could
be a third bedroom, home gym or family room. Ceiling fans
throughout are a nice addition. The backyard offers shade trees,
fruit trees and a storage shed.
Unit Size
1,228 Ft²
Days on Market
57 days
Land Size
0.16 acres
Price per sqft
$175
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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Cap Rate Calculator
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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 #SW17158873)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Listed by KW The Lakes | $399,900 | |
| Listed by KW The Lakes | |||
| | |||
|
Welcome Home!!! Fall in love with this beautifully maintained single-story Gem featuring 3 bedrooms and 2 baths, plus a versatile converted garage offering a private bedroom, full bath and separate entrance ideal for in-laws, guests or extra rental income. Enjoy peace of mind with a brand new roof, new dual pane windows, newer water heater, solar, low taxes and NO HOA. The spacious lot boasts a circular driveway, RV access and plenty of room to make it your own. This home is the perfect blend of comfort, convenience and opportunity. This one won't last- schedule your showing today!!!!
| |||
| Sep 7, 2017 | Sold | ||
| Sold | |||
| Jul 12, 2017 | Listed by Vogler Feigen Realty | $215,000 | |
| Listed by Vogler Feigen Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About East Hemet
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Listed by: Loni Vogler, Vogler Feigen Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17158873
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17158873
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