$205,000
●
House -
Off Market
43880 E Street
Hemet, CA 92544
3 Beds
1 Bath
934 Ft²
$311,125
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
10/12/2018: Back on the market subject to buyer signing
cancellation instructions which they have initiated. Charming
and renovated three bedroom one bath home on approximately half of
an acre! With no HOA and very low taxes, this Valle Vista
home is truly affordable and is located a short distance from Valle
Vista Elementary School, Valley Wide Park, shopping, and the public
library. Renovations include interior paint, laminate
flooring throughout the home, mirrored closet doors, new stove,
oven, microwave, kitchen cabinets, stainless steel sink, fixtures,
kitchen counters and tile back splash, ceiling fans, leaded glass
oak entry door, and roll-up garage door on the 2-car garage.
Sellers are still putting the finishing touches on the
landscaping and painting the garage trim and may be raising the
price once everything is completed, but for the motivated buyer
looking to buy now, this is one of the best bargains on the market
and yes, you can have a horse here as there is already a hay barn
on the property!
Unit Size
934 Ft²
Days on Market
93 days
Land Size
0.71 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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: 5 months ago (CRMLS #SW18212237)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Aug 29, 2018 | Listed by Century 21 McDaniel & Assoc. | $205,000 | |
| Listed by Century 21 McDaniel & Assoc. | |||
Property Highlights
Air Conditioning
Fireplace
With View
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Valle Vista
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Vincent Puterbaugh, Century 21 McDaniel & Assoc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18212237
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18212237
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