44514 Grovewood Circle
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 4, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by Coast to Coast Real Estate Inv | $399,000 | |
| Listed by Coast to Coast Real Estate Inv | |||
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Welcome to 44514 Grovewood Cir, a beautifully remodeled, turnkey home with breathtaking mountain views, located on a spacious corner lot in Valle Vista, Hemet. This property offers no age restrictions, no HOA, and the added benefit of owning your own land. Perfect for a first-time buyer or anyone looking for a stylish, move-in-ready home, it features 3 spacious bedrooms, 2 baths, 1,844 sq. ft. of modern living space, an indoor laundry room, and an attached 2-car garage—ideal for your vehicles or toys. Inside, you'll find vaulted ceilings, luxury vinyl flooring, stunning quartz countertops, sleek white shaker cabinets, and a striking ledger stone fireplace. The home is equipped with AC and whole-house fans to keep you comfortable during warm summer days and on city sewer. Conveniently located just minutes from Mt. San Jacinto College, Soboba Casino & Resort, Diamond Valley Lake & Marina, and scenic Idyllwild Mountain, you’ll have easy access to education, entertainment, outdoor activities, and relaxation. Don’t miss out on this rare opportunity—schedule your showing today!
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| Apr 20, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017