$240,000
●
House -
Off Market
420 Taft Avenue
Hemet, CA 92543
3 Beds
2 Baths
1,197 Ft²
$378,257
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Find your dream to become a homeowner a little closer with this
fantastic opportunity of a home! Located by 74 and N State Street,
this single story home sits on a large lot over 7400 sq ft. Open
floor plan and tall ceilings create a bright an airy family room
and dining area. There is a spacious bedroom/ office with double
doors off the family room- perfect for guests or a study. All rooms
are designed with functionality in mind to maximize the space. Step
outside to your own private, low maintenance backyard with gorgeous
distant mountain views, fruit trees, large patio area with cover,
and no neighbors behind! LOW TAXES and NO HOA!
Unit Size
1,197 Ft²
Days on Market
63 days
Land Size
0.17 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 (CRMLS #SW18125778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2022 | No longer available | - | |
| No longer available | |||
| Sep 29, 2022 | In contract | - | |
| In contract | |||
| Sep 16, 2022 | Listed by EXCELLENCE EMPIRE REAL ESTATE | $360,000 | |
| Listed by EXCELLENCE EMPIRE REAL ESTATE | |||
| | |||
|
Find your dream to become a homeowner a little closer with this fantastic opportunity of a home! Located by 74 and N State Street, this single-story home sits on a large lot over 7400 sq ft. Open floor plan and tall ceilings create a bright and airy family room and dining area. There is a spacious bedroom/ office with double doors off the family room- perfect for guests or a study. All rooms are designed with functionality in mind to maximize the space. Step outside to your own private, low maintenance backyard with gorgeous distant mountain views, fruit trees, large patio area with cover, and no neighbors behind! LOW TAXES and NO HOA! Beautiful landscaping. Come and see!! The manager has listed the unit size as 1197 square feet.
| |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| May 28, 2018 | Listed by Realty Masters & Associates, I | $250,000 | |
| Listed by Realty Masters & Associates, I | |||
Property Highlights
Garage
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 Hemet
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Listed by: David Stites, Realty Masters & Associates, I
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18125778
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18125778
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