$345,000
●
House -
Off Market
4545 Oak Tree Way
Hemet, CA 92545
5 Beds
3 Baths
3,127 Ft²
$511,947
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
This huge five bedroom home may be just what you have been looking
for! With over 3127 square feet, there is ample room to spread out,
and enjoy your new home! A fully fenced lot with block wall and
wrought iron fencing and double RV access! Security bars on the
windows will offer safety and allow you to take advantage of the
cool evening breeze! The kitchen which overlooks the family room
has slab granite counters and an abundance of cabinetry. A bedroom
and adjoining bath downstairs will be the perfect suite for your
visiting guests. Upstairs you will find a loft that overlooks the
living room and the sweeping view of the vaulted ceilings. The
master bedroom will have you feeling like royalty with an attached
retreat, three sided fireplace and an observation deck. The walk in
closet has custom built ins to help you organize your wardrobe.
Situated in South west Hemet this location will make commuting a
breeze, with fast access to Dominogoni Parkway.
Unit Size
3,127 Ft²
Days on Market
32 days
Land Size
0.13 acres
Price per sqft
$110
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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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: 4 months ago (CRMLS #SW19066512)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Real Broker | $475,000 | |
| Listed by Real Broker | |||
| | |||
|
Assumable Loan @ 5.25% and Investor Opportunity!! Lease in place and Tenant Occupied. One bedroom and one full bathroom downstairs, large Living room and Family room. Formal Dining room. Large Kitchen with granite countertops and an Island. Large spacious entry way, with vaulted ceilings. A fenced lot for privacy with iron fencing in front, security bars on the windows and security doors. 3 Car garage and RV Access. Upstairs Master bedroom has a three sided Fireplace and a Balcony, with a walk in closet with custom Built-ins. Upstairs is where you find the rest of the bedrooms, laundry room and a loft. Concrete throughout the Back yard and a Shed. Water Softener Included. No HOA! Solar to transfer.
| |||
| May 4, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Hemet
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Listed by: Loni Vogler, Vogler Feigen Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19066512
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19066512
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