$235,500
●
House -
Off Market
40834 Mayberry Avenue
Hemet, CA 92544
3 Beds
2 Baths
1,385 Ft²
$369,207
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Plenty of room to grow. Remodeled three bedroom, 2 bath house and a
separate one bedroom, one bath guest house. All on almost a 1/2
half acre flat lot. The lot is mostly fenced by a block wall. There
is a asphalt driveway and plenty of room for RV parking. The main
house has new carpet, fresh paint and remodeled bathrooms. The main
house has new carpet, fresh paint and remodeled bathrooms. A master
bedroom and master bath. the master bath has new tile flooring and
custom tile work. The kitchen has a new counter top and lots of
light. New carpet throughout the house. A separate living room. The
second bath has been remodeled. The guest house is free
standing raised foundation structure built in 2011. The guest house
features granite counter tops, wood flooring and roomy
bathroom with a shower. In addition there is a separate laundry
room for the property. An additional private bathroom is separate
from the guest house. Lots of potential. Live in the front house
and lease out the back unit. Great investment property potential.
Unit Size
1,385 Ft²
Days on Market
37 days
Land Size
0.46 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #PW17280028)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2018 | Sold | ||
| Sold | |||
| Dec 23, 2017 | Listed by First Team Real Estate | $234,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Parking Available
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East Hemet
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jayson Cook, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17280028
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17280028
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