$435,000
●
House -
Off Market
41961 Lomas Street
Hemet, CA 92544
3 Beds
2 Baths
1,484 Ft²
$448,954
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Must see comfortable 3 bedroom, 2 bath house in quiet neighborhood
- eager to be called HOME. Located in the heart of Hemet,
close to shopping, restaurants and Hemet high school. TONS of
recent improvements inside and out. No system untouched
during recent renovation. The property offers a large open
great room living space that is perfect for families and
gatherings. Many new and upgraded features including new
carpet, updated electrical, recessed LED lighting, plumbing,
dishwasher, garbage disposal and more. Brand new A/C
condenser and repaired roof and trim. Completely renovated
front, side and backyard with all new concrete patios, walkways and
driveway. Attractive landscape provides a huge space for
outdoor entertaining, recreation and relaxation. Back yard
fully fenced for total privacy. Everything is in excellent
working condition. Nice curb appeal. Don't miss out.
Unit Size
1,484 Ft²
Days on Market
191 days
Land Size
0.17 acres
Price per sqft
$300
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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: 12 months ago (CRMLS #SW22234675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2022 | Listed by Century 21 Masters | $445,500 | |
| Listed by Century 21 Masters | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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: Tawnma McMacken, Century 21 Masters
Last Updated: 12 months ago
Data Source: CRMLS, MLS# SW22234675
Last Updated: 12 months ago
Data Source: CRMLS, MLS# SW22234675
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