$750,000
●
House -
In Contract
42745 Chambers
Hemet, CA 92544
3 Beds
3 Baths
2,996 Ft²
$3,683
Est. Monthly
About This Property
Situated on a corner lot with approximately 4.63 acres, this 2,996
sq. ft. two-story home offers incredible potential for investors or
buyers seeking a property with acreage and upside. Featuring 4
bedrooms, multiple living spaces, a formal entry, 2-car garage, and
balconies with panoramic views, the home provides a spacious layout
and endless possibilities. The exterior grounds show deferred
maintenance and are in need of cleanup and improvement. The
expansive acreage includes walnut trees that require tending,
creating an excellent opportunity to restore and enhance the
property's full potential. Seller is motivated and looking for a
quick sale. Bring your vision and unlock the possibilities this
unique property has to offer.
Unit Size
2,996 Ft²
Days on Market
-
Land Size
4.63 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
Listed By
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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: 2 days ago (CRMLS #CV26125324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | Listed by Elevate Real Estate | $750,000 | |
| Listed by Elevate Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: GalleyKitchen, Loft
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 2996
Square Footage Source: $0
Year Built Source: Appraiser
Year Built: 1982
Levels: Two
Pool Features: None
Lot Features: Agricultural, Orchard(s), TwoToFiveUnitsAcre, LotOver40000Sqft
Lot Size Area: 201683
Lot Size Units: Square Feet
Lot Size Acres: 4.63
Lot Size Square Feet: 201683
Tax Lot: 244
Water Source: Public, Well
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SepticTypeUnknown
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 Riverside
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Listed by: Monica Guzman, Elevate Real Estate
Last Updated: 2 days ago
Data Source: CRMLS, MLS# CV26125324
Last Updated: 2 days ago
Data Source: CRMLS, MLS# CV26125324
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