$257,000
●
House -
Off Market
41153 Johnston Avenue
Hemet, CA 92544
3 Beds
2 Baths,
1
Half Bath
1,346 Ft²
$381,549
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
REDUCED....McMorran ranch style home on the east side of Hemet has
been in the family for many years. Rich with character, this
home has hardwood flooring, gas fireplace, attached utility
room with its own .25 bathroom, real wood kitchen cabinets, whole
house fan, enclosed sun room with evap cooler, over sized bedrooms
(two have over 132 sq.ft. the other has approx 113 sq. ft.), eat in
kitchen and a breakfast bar, new gas SS stove top and new SS
built-in range. Seller re-tiled the main bathroom shower/tub,
counter top and replaced the faucet. There are ceiling fans
in all rooms. In addition, the lot is approx .22 acre (per
assessor) with views of the surrounding hills, covered patio and a
huge yard that you can make your own oasis! Low tax base, no
HOA and within walking distance to Ramona Elementary, Dartmouth
Middle School and Hemet High. So much potential, not a cookie
cutter track home.
Unit Size
1,346 Ft²
Days on Market
86 days
Land Size
0.22 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #SW19103785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2019 | Sold | ||
| Sold | |||
| May 5, 2019 | Listed by Coldwell Banker Kivett-Teeters | $259,999 | |
| Listed by Coldwell Banker Kivett-Teeters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: Jan Herbeck, Coldwell Banker Kivett-Teeters
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19103785
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19103785
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