$295,000
●
House -
Off Market
4230 Rainbow View Way
Hemet, CA 92545
5 Beds
2 Baths,
1
Half Bath
2,137 Ft²
$468,019
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Lovely and Immaculate Home! 2137 square feet, on large lot,
in a neighborhood of well-kept homes. Outstanding features
include: Convenient floor plan with spacious upstairs
bedrooms and laundry, bright kitchen with yard view, and adjoining
den with fireplace and slider to yard. Perfect for
entertaining! Fresh interior paint and newer wood laminate
flooring throughout (except for tiled floors in entry and full
baths, carpeted stairway, and lino in kitchen and ½ bath.)
New and like-new window blinds throughout. Large walk-in
master closet. 3 car garage with potential RV parking.
Pool-sized, fenced yard with automatic sprinklers and drought
resistant landscaping. Excellent location: Just 1.5 blocks to
elementary school, 2 blocks to park, and 3 blocks to high school.
Within one mile of major shopping area. Easy 215 access
via Hwys. 79 and 74 or Newport. Move-in condition, and ready
for new owners!
Unit Size
2,137 Ft²
Days on Market
46 days
Land Size
0.15 acres
Price per sqft
$138
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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Cap Rate Calculator
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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 #OC17173188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2017 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed by HomeTeam California | $293,900 | |
| Listed by HomeTeam California | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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: Cheryl Fletcher, HomeTeam California
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17173188
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC17173188
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