438 Gardenia Circle
About This Property
The bedrooms are generously sized, offering comfortable retreats for relaxation at the end of a long day. Each bathroom has also been refreshed with contemporary fixtures, ensuring convenience and comfort throughout.
Step outside onto your intimate patio-perfect for sipping morning coffee or enjoying quiet evenings under the stars. Situated in a welcoming neighborhood with nearby parks, shopping centers, and schools, this delightful abode is perfect for first-time buyers looking to settle into an accessible location surrounded by community charm.
Don't miss out on this opportunity to own an affordable piece of Hemet real estate! Whether you're taking your first step into homeownership or seeking a smart downsizing option, this lovely house checks all the boxes.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jan 5, 2026 | Listed by Broker Town, Inc. | $375,000 | |
| Listed by Broker Town, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017