1
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42125 Crest Drive
About This Property
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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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Price Decreased |
$765,000
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Nov 16, 2025 | Listed by eXp Realty of Southern California Inc | $795,000 | |
| Listed by eXp Realty of Southern California Inc | |||
| | |||
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Welcome to this unique Hemet property offering an exciting opportunity to create your own backyard resort. Situated in a quiet neighborhood, this home features a well-designed floor plan with bright, open living spaces and comfortable bedrooms ideal for everyday living.
The standout feature is the backyard lazy river–style pool, approximately 80% complete, offering incredible potential to finish and customize into a true entertainer’s paradise. With vision and finishing touches, this one-of-a-kind pool can become the centerpiece of outdoor living and relaxation. Whether for personal enjoyment or added property value, the possibilities are endless.
Conveniently located near schools, shopping, dining, and commuter routes, this home is perfect for buyers seeking a property with character, upside potential, and a rare outdoor feature.
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| Feb 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017