$243,000
●
Mobile Manufactured -
Off Market
632 Palos Drive
Hemet, CA 92543
2 Beds
2 Baths
1,440 Ft²
$1,182
Est. Monthly
$3
HOA / Fees
10.96%
Cap Rate
About This Property
Stuning Property! with a lovely front yard an amazing concrete
entry. This home features 2- Bedrooms 2- Bathrooms. As you enter
the house you would encounter the beautiful living room with a lot
of natural lights to enjoy a delicious coffee in the morning. The
living room is open to the dining area. The Kitchen has a lot of
cabinets with a convenient pantry. Family room is open to the
living area where you can use your imagination to do the perfect
decoration. The Windows have been updated including the sliding
door. Linoleum and carpet flooring throughout the house. Great hall
way with access to the main bathroom and bedrooms. Spacious master
bedroom with a great walk in closet to organize your personal items
perfectly. Laundry room also used and accommodated as an
office. Huge carport to enjoy the beautiful summer days with your
family and friends. Great parking lot close with vinyl doors. Near
shopping Centers, Restaurants and Medical Offices. The property has
the 433A for permanent foundation. Don't miss out on this
breathtaking property. Definitely A must see!
Unit Size
1,440 Ft²
Days on Market
46 days
Land Size
0.11 acres
Price per sqft
$167
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$3
Year Built
1978
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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: 3 years ago (CRMLS #SW24142885)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by Vogler Feigen Realty | $239,900 | |
| Listed by Vogler Feigen Realty | |||
Property Highlights
Parking Available
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: Rosalyn Morales, Vogler Feigen Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24142885
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24142885
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