$450,000
●
House -
Off Market
42859 Masonic
Hemet, CA 92544
3 Beds
2 Baths
1,133 Ft²
$2,156
Est. Monthly
About This Property
Welcome to 42859 Masonic Drive, a beautiful single story home
located on the desirable east side of Hemet. Built in 1995, this
charming residence offers three bedrooms, two full bathrooms, and
approximately 1,133 square feet of living space on a generous 7,405
square foot lot. The open concept floor plan creates a seamless
flow between the dining area, and kitchen, perfect for entertaining
or relaxing with family. The home features durable vinyl flooring
throughout, along with central air conditioning and heating for
year round comfort. Nestled within a well established neighborhood,
this property provides both comfort and convenience with close
proximity to local amenities. Residents can enjoy outdoor
recreation at nearby Diamond Valley Lake, explore local history at
the Western Science Center, catch live performances at the Ramona
Bowl Amphitheatre. With its inviting layout, recent updates, and
prime location near schools, parks, and dining, this home is move
in ready families, or anyone looking to enjoy the peaceful East
Hemet lifestyle.
Unit Size
1,133 Ft²
Days on Market
29 days
Land Size
0.17 acres
Price per sqft
$387
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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: 12 months ago (CRMLS #CV25241503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by eHomes | $439,000 | |
| Listed by eHomes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Valle Vista
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Listed by: Erick Guzman, eHomes
Last Updated: 12 months ago
Data Source: CRMLS, MLS# CV25241503
Last Updated: 12 months ago
Data Source: CRMLS, MLS# CV25241503
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