$310,000
●
House -
Off Market
520 Palmer Drive
Hemet, CA 92543
2 Beds
2 Baths
1,219 Ft²
$1,588
Est. Monthly
$65
HOA / Fees
About This Property
Welcome to 520 Palmer Drive, a beautifully renovated home offering
modern comfort and timeless style in the heart of Hemet. This
move-in ready residence features fresh upgrades throughout, making
it the perfect blend of quality, value, and design. Step
inside to discover a brand-new kitchen showcasing elegant
cabinetry, sleek countertops, and stainless steel appliances-a true
centerpiece for cooking and entertaining. Both bathrooms have been
completely remodeled, featuring updated fixtures, contemporary
finishes, and a clean, stylish look. The open and inviting
floor plan is enhanced by new luxury vinyl plank (LVP) flooring
throughout, providing durability and a seamless flow from room to
room. The entire interior and exterior have been freshly painted,
giving the home a bright, modern feel. Outside, you'll find a
low maintenance yard ready for your personal touch-ideal for
outdoor dining, gardening, or relaxing in the Southern California
sunshine. With its convenient location near schools, shopping,
community pool and parks, this home combines everyday convenience
with quiet residential charm.
Unit Size
1,219 Ft²
Days on Market
51 days
Land Size
0.08 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
$65
Year Built
1962
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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: 11 months ago (SDMLS #NDP2510191)
Price History
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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ft²
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Listed by: Javier Zapien, Platinum Realty Executives
Last Updated: 11 months ago
Data Source: CRMLS, MLS# NDP2510191
Last Updated: 11 months ago
Data Source: CRMLS, MLS# NDP2510191
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