$289,000
●
House -
Off Market
475 Madrid Street
Hemet, CA 92545
3 Beds
2 Baths
1,801 Ft²
$410,928
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Spacious, Beautiful Single-Story! Sparkling clean, move-in ready
a "Must See" home. This Single story is one of the biggest,
a whooping 1801 square feet , in the neighborhood. It
consists of 3 bedrooms and 2 full bathrooms, 2 car garage and Tile
roof. The numerous amenities include an open floor plan, lots
of windows allowing abundant natural light, great living room, very
nice moldings, beautiful kitchen open concept to the family room,
wide hallway that leads to bedrooms. Additional features throughout
include: New carpet in the bedrooms, rich tile-style flooring,
baseboards, blinds , lighting and New toilets. For cooling
efficiency, the home has Central A/C. Nice size backyard. No HOA &
low tax rate. Close to schools and shopping.
Unit Size
1,801 Ft²
Days on Market
57 days
Land Size
0.14 acres
Price per sqft
$160
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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 #IV20049843)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by REALTY ONE GROUP WEST - CORONA | $289,000 | |
| Listed by REALTY ONE GROUP WEST - CORONA | |||
| Sep 8, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Relisted | $289,900 | |
| Relisted | |||
| Aug 18, 2019 | No longer available | - | |
| No longer available | |||
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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
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: VICTOR DUENAS, REALTY ONE GROUP WEST - CORONA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20049843
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20049843
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