$495,000
●
House -
Off Market
5236 Saloon Street
Hemet, CA 92545
3 Beds
2 Baths
1,672 Ft²
$2,551
Est. Monthly
$120
HOA / Fees
About This Property
Welcome to your new home in the beautiful Saddle Point community.
Built in 2023, this beautiful single-story residence offers 3
spacious bedrooms and 2 full bathrooms and a three-car garage.
Upon arrival, you'll be greeted by a lovely drought tolerant
landscape that will add to your curb appeal. Once you step inside,
discover an open floor plan filled with natural light, featuring a
large living area that flows into the modern kitchen. Each bedroom
is nice sized, providing comfort and flexibility for the whole
family. The backyard is ready for entertainment, complete with
concrete patio, low-maintenance mulch landscaping, and a lovely
patio cover for relaxing or hosting. Your new home is located near
local shopping, schools, and parks. This home features a whole
house ring alarm system with four cameras. In addition, this home
is EV ready with charging station in garage. This home is priced to
sell, schedule your showing now, while it lasts.
Unit Size
1,672 Ft²
Days on Market
83 days
Land Size
0.17 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
-
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Cap Rate Calculator
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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: 10 months ago (CRMLS #SR25243395)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Oct 22, 2025 | Listed by Mills Realty of California | $500,000 | |
| Listed by Mills Realty of California | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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: Simon Mills, Mills Realty of California
Last Updated: 10 months ago
Data Source: CRMLS, MLS# SR25243395
Last Updated: 10 months ago
Data Source: CRMLS, MLS# SR25243395
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