$357,000
●
House -
Off Market
451 Magnolia Circle
Hemet, CA 92543
2 Beds
2 Baths
904 Ft²
$1,753
Est. Monthly
About This Property
Affordable! Affordable! Firs time Homebuyers Dream Home! Down
Payment Assistance Available up to 20% Down! No HOA fees! No
Mello-roos fees! No Solar fees! This upgraded Two-Master Suite Home
will sell fast! The perfect starter home for a small family with
many upgrades including, celling lights throughout the home,
Brand-new interior and exterior paint, upgraded bathrooms, newer
flooring and roof. This is Not an age restricted neighborhood,
schedule your private showing today!
Unit Size
904 Ft²
Days on Market
39 days
Land Size
0.08 acres
Price per sqft
$395
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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: 2 months ago (CRMLS #IV26161707)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Listed by Realty Masters & Associates | $356,999 | |
| Listed by Realty Masters & Associates | |||
| Jan 2, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Listed by Hardy Realtors | $165,777 | |
| Listed by Hardy Realtors | |||
| | |||
|
This cute little two bed, two bath home is perfect for the first time home buyer. There is a nice backyard, no maintenance required! Close to the shops, schools and the golf course, it is move in ready, a little family needed. State Street is extremely close, taking you right to Domenegoni Parkway. **There are BRAND NEW windows throughout plus a NEW roof.**
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Hemet
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Listed by: PATRICIA HILLMAN, Realty Masters & Associates
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IV26161707
Last Updated: 2 months ago
Data Source: CRMLS, MLS# IV26161707
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