$290,000
●
House -
Off Market
41447 Johnston Avenue
Hemet, CA 92544
4 Beds
3 Baths
2,278 Ft²
$461,658
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
INCOME PROPERTY!!!!! TWO HOMES FOR THE PRICE OF ONE!!YOU KNOW WHAT
THEY SAY WHEN OPPORTUNITY KNOCKS?? ! Located at the popular end
town in East Hemet within blocks from the Hemet High School and
Bulldog Stadium you will find this Immaculate CUTIE with curb
appeal plus! Front house offers 3 bedrooms and 1 3/4 bath at 1478
sq ft. Popular floor plan offers large Living room appointed
with a beautiful brick fireplace, spacious bedrooms and bathrooms.
The large bonus/game room/;enclosed patio is perfect for family get
togethers! There is an office built behind the garage perfect for
an in-home business! Back house(built in the 1970's) offers 1
bedroom plus bath, good size kitchen and living room at approx 825
sq ft AND is currently rented for $725.00 per month!(Tenant is
willing to stay! Each home has its own patio area for
entertaining. Back house-not permitted but built in workmanlike
manner. THIS PROPERTY is a WINNER!
Unit Size
2,278 Ft²
Days on Market
83 days
Land Size
0.19 acres
Price per sqft
$138
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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 #SW19134707)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2019 | Sold | ||
| Sold | |||
| Jul 7, 2019 | Listed by Reliable Realty Inc. | $314,999 | |
| Listed by Reliable Realty Inc. | |||
| | |||
|
INCOME PROPERTY!!!!! TWO HOMES FOR THE PRICE OF ONE!!YOU KNOW WHAT THEY SAY WHEN OPPORTUNITY KNOCKS?? ! Located at the popular end town in East Hemet within blocks from the Hemet High School and Bulldog Stadium you will find this Immaculate CUTIE with curb appeal plus! Front house offers 3 bedrooms and 1 3/4 bath at 1478 sq ft. Popular floor plan offers large Living room appointed with a beautiful brick fireplace, spacious bedrooms and bathrooms. The large bonus/game room/;enclosed patio is perfect for family get togethers! Back house(built in the 1970's) offers 1 bedroom plus bath, good size kitchen and living room at approx 825 sq ft AND is currently rented for $725.00 per month!(Tenant is willing to stay! Each home has its own patio area for entertaining. Back house-not permitted but built in workmanlike manner. THIS PROPERTY is a WINNER!
| |||
| Jun 10, 2019 | Listed by Reliable Realty Inc. | $314,989 | |
| Listed by Reliable Realty Inc. | |||
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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Status
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Type
Beds
Baths
ft²
Price/ft²
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Sold On
HOA + Taxes
About East Hemet
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Listed by: Kellee Spillman-Malone, Reliable Realty Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19134707
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19134707
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