42015 Gibbel Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by SoCal Realtors & Associates | $549,000 | |
| Listed by SoCal Realtors & Associates | |||
| | |||
|
Welcome home and look at that view. This3 bedroom, 2-1/2 bath recently remodeled (12/2022) home is ready to move in. It sits on .84 acres with a great view of Domenigoni Parkway and the Southwest Hemet Valley. The yard is fully fenced, including the driveway with a sliding chainlink gate. Enjoy the morning sunrise on the covered front porch swing. As you enter the front door into the recently remodeled entry, kitchen, and dining area with a new open floor plan. The kitchen and dining area have been completely opened up. All the windows in the house have been replaced with energy efficient, dual pane windows with a transferable lifetime warranty. All the kitchen appliances were replaced during the remodel and are included. As you make your way through the kitchen, to the left, you come to a Butler's pantry that also boast included washer and electric dryer. The half bath is next to the laundry and there's also a third bedroom adjacent. The dining room is open to the kitchen with a large window to the backyard with a great view of the valley. off to the left of the dining room is bedroom number two. Off to the right of the dining room is the hall bathroom with tub/shower. As you make your way to the living room with French doors to the back covered patio and wooden deck, where you can enjoy some amazing sunsets. The main bedroom is just off the living room includes plenty of space for clothes in the closet. There is direct access to the main bathroom with standup shower and dual sinks. The backyard boasts, water, conservation artificial turf that was recently installed in 2022 and a large pepper tree to provide plenty of shade. The property contains plenty of room for animals of your choosing. There is room for horses, goats, sheep, chickens and others. the house is connected to the power grid but also has a 7.9 kW solar power purchase agreement in place, installed 4/2022, for $158 a month, providing significant savings on electricity costs. Water to the property is provided by EMWD. The property is serviced by a septic system that was installed new four years ago. The low interest rate VA loan can be assumed, subject to qualification through the VA.
| |||
| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017