$240,000
●
House -
Off Market
41173 Toledo Drive
Hemet, CA 92544
3 Beds
2 Baths
1,769 Ft²
$403,538
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model
About This Property
Location! This beautiful "turnkey" home is in one of the most
sought after neighborhoods in East Hemet on a very quiet corner lot
with beautiful mountain views, excellent schools, and shopping
nearby. Approx. 1800/sf, large master suite, walk-in closet,
custom patio & large bedrooms. Lots of storage throughout & recent
in/outdoor painting! Large Kitchen, with open floor plan.
Skylights, stained glass, high end laminate hardwood. Block
wall, RV parking, zero-landscape, custom built bar, covered patio.
Neighborhoods: East Hemet Equipment: Garage Door Opener, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,769 Ft²
Days on Market
111 days
Land Size
-
Price per sqft
$138
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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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 (SDMLS #160061802)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Coldwell Banker Assoc.Brkr-Mur | $284,900 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
| | |||
|
PERFECT STARTER HOME OR AMAZING INVESTMENT PROPERTY!!! LOW TAXES!!! BRING ALL OFFERS!!! NO HOA!!! This lovely 3 bedroom 2 bath corner lot in east Hemet is within minutes Hemet High School and its exactly what you've been looking for! Walk through the front door and into the formal living/dining room. Through the brick doorway to your left you will find the kitchen with plenty of storage, a double oven, a separate space for a wine fridge, an island area for counter dining, and a breakfast nook. The kitchen is open to the family room complete with a gas fireplace and oversized sliding door leading to the drought tolerant backyard. On the other side of the house you will find two guest bedrooms with mirrored closet doors and reading benches along with the guest bathroom. The master bedroom has a sliding glass doors that open up to your own private patio area along with the backyard. The walk in master closet has two rows of hanging space and built in shelves on both sides and the master bath has plenty of counter space. The entire lot was recently re-landscaped to be 100% drought tolerant. There is also potential RV parking! Seller is extremely motivated!
| |||
| Mar 9, 2017 | Sold | ||
| Sold | |||
| Nov 18, 2016 | Listed by Realty Source, Inc. | $244,900 | |
| Listed by Realty Source, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East Hemet
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Listed by: Kenneth Mischitelli, Realty Source, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160061802
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160061802
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