$580,000
●
House -
Off Market
591 Gladiola Street
Hemet, CA 92545
4 Beds
2 Baths
1,971 Ft²
$2,897
Est. Monthly
About This Property
Welcome to this beautifully upgraded POOL HOME with NO HOA, SOLAR
and LOW TAXES. Step into your own private oasis featuring a
sparkling pool, a vibrant tiki bar, and a built-in BBQ area - the
perfect setup for gatherings, weekend parties and
unforgettable celebrations. Inside the home continues to impress
with a warm, upscale atmosphere. When entering you will notice
plantation shutters throughout, high ceilings and an open concept
layout flowing into the living room, family room and kitchen area
creating a bright ; inviting space for everyday comfort. The
chef inspired kitchen showcases a stunning waterfall island, new
soft close cabinets, and plenty of space for entertaining. Primary
bedroom has three closets, and an amazing, upgraded bathroom which
includes a separate bathtub and shower, for pure relaxation. The
fourth bedroom has been converted into a walk-in closet/retreat,
but could be easily re-converted into a fourth bedroom. There is a
solar lease that runs about $227 per month. With thoughtful
upgrades throughout and a layout designed for connection this home
is the perfect blend of elegance and entertainment.
Unit Size
1,971 Ft²
Days on Market
118 days
Land Size
0.17 acres
Price per sqft
$299
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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: 5 months ago (CRMLS #SW26018800)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$589,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Apr 2, 2026 | Relisted | $599,900 | |
| Relisted | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
Show More
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: Goran Forss, Team Forss Realty Group
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26018800
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26018800
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