5180 Ravenstone Drive
About This Property
From the inviting covered front porch and double-door entry, you'll immediately appreciate the thoughtful updates completed throughout the home. Recent interior and exterior improvements include professional landscaping, pressure washing, fresh interior paint, new carpet, cabinet refinishing and repairs, reglazed kitchen and bathroom surfaces, HVAC servicing, garage door motor replacement, safety upgrades, professional cleaning, and numerous additional repairs, making this home truly move-in ready.
Inside, the spacious floor plan features a formal living room, dining room, and a versatile bonus room just off the living area-perfect for a home office, den, playroom, or flex space. The inviting family room with a cozy fireplace flows into the kitchen, creating a welcoming gathering space for family and friends.
The kitchen offers tile flooring, newer-style cabinetry, updated countertops, appliances, a pantry, and an adjacent utility/laundry room for added convenience.
The main level also includes one bedroom and one bathroom, providing flexibility for guests, multi-generational living, or a private home office.
Upstairs, you'll find the remaining bedrooms and bathrooms, including a spacious primary suite featuring a private balcony, walk-in closet, and an ensuite bathroom with dual sinks, a separate soaking tub, and a walk-in shower.
Step outside to enjoy the covered backyard patio, a generously sized side yard with plenty of room for outdoor activities, gardening, or entertaining, and an attached two-car garage with a full driveway for additional parking.
Combining generous living spaces, extensive recent improvements, and a functional floor plan, this move-in-ready home is an exceptional opportunity in one of Hemet's established neighborhoods.
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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 |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2026 | Relisted | $499,900 | |
| Relisted | |||
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Relisted | $499,900 | |
| Relisted | |||
| Sep 18, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017