437 Romain Court
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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Oct 5, 2025 | Listed by Y Realty | $450,000 | |
| Listed by Y Realty | |||
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Charming 3-bedroom, 2-bath home nestled on a quiet cul-de-sac near Park Hill in Hemet. This beautifully maintained property sits on over ¼ acre, offering endless possibilities, RV parking potential, multiple ADU opportunities, a fire-pit area, and plenty of space for entertaining, gardening, or simply enjoying peaceful evenings under the stars. Inside, you’ll find a warm and inviting atmosphere with engineered wood flooring, dual-pane windows. The bright and cheery eat-in kitchen features ample cabinet space, a floor-to-ceiling pantry, reverse osmosis water purification, and updated lighting, perfect for cooking and gathering. The family room offers comfort and charm with built-in shelving, a ceiling fan, and easy access to the covered rear patio, ideal for relaxing outdoors year-round. Both bathrooms have been tastefully updated, and the primary suite includes a mirrored wardrobe and modern finishes. Upgrades include paid-off solar, an upgraded 200-amp electrical panel with 220-volt outlet in the garage (great for EV charging or a gas dryer), a five-year-new A/C, and a roof only seven years old — all the big-ticket items are done! Outside, you have a freshly painted exterior, enjoy mature fruit trees ( Apple, Orange, pomegranate, lime, kumquat and more ) trees with irrigation in a separately fenced garden, and a two-car garage for all your storage needs. With no HOA and low taxes, this home offers incredible value and flexibility.
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| Sep 7, 2017 | Sold | ||
| Sold | |||
| Aug 10, 2017 | Listed by Coldwell Banker Allstars | $215,000 | |
| Listed by Coldwell Banker Allstars | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017