$337,000
●
House -
Off Market
5586 Cheryl Street
Hemet, CA 92544
5 Beds
3 Baths
2,921 Ft²
$509,917
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Wonderfully spacious almost 3,000 square feet 5 bedroom, 3 bathroom
home in the highly desirable southeast Hemet neighborhood in the
Pacific Green tract. Walking distance to a great park and Bautista
Creek Elementary School. Fresh interior paint, energy efficient
dual pane windows, formal living room and dining room, separate
family room, open kitchen with Corian counter tops, breakfast nook
and a walk-in pantry. One bedroom and one bathroom downstairs,
large indoor laundry room with folding space and a deep sink and
vaulted ceilings. Upstairs you will find a large loft, 4 bedrooms
and 2 bathrooms. The master bedroom features an additional
sitting/retreat area. Plenty of room for everyone. Relax in the
fully landscaped backyard under the beautifully custom built wood
patio cover with soaring ceilings. Wonderful inground pool and spa
with reef shelf and built-in umbrella holes. Three car garage and
paved RV access! This is a great home at a great price. Low tax
rate and no special assessments or mello-roos and no HOA.
Unit Size
2,921 Ft²
Days on Market
37 days
Land Size
0.17 acres
Price per sqft
$115
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 #SW18081046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2018 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Listed by Coldwell Banker Assoc.Brkr-Mur | $334,900 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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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HOA + Taxes
About Hemet
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Listed by: Jennifer Murphy, Coldwell Banker Assoc.Brkr-Mur
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18081046
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18081046
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