Listed by: Jill Pittman, Coldwell Banker Realty
$448,000
●
House -
Off Market
640 Vista Del Monte
Hemet, CA 92543
3 Beds
2 Baths
1,480 Ft²
$2,205
Est. Monthly
About This Property
This charming three-bedroom, two-bathroom house features
approximately 1,480 square feet of living space. The residence
boasts a spacious interior layout with vaulted ceilings, creating
an open and airy atmosphere. The ample cabinetry and counter space
in the kitchen provide abundant storage and preparation areas,
complemented by the inclusion of stainless-steel appliances.
Kitchen has been completely remodeled with new cabinets and
appliances. The living spaces are designed to maximize natural
light, with large windows and bright lighting throughout. The
neutral tones and well-appointed finishes contribute to a serene
and welcoming ambiance. Stepping outside, the property offers a
spacious lot with a covered patio and porch, providing
opportunities for outdoor enjoyment and relaxation. The sizable
rear yard adds to the sense of privacy and room for various
activities. Front yard had drought tolerant landscape.
Large Rear Yard is fenced and ready for your imagination.
Move in ready and can be a fast escrow.
Unit Size
1,480 Ft²
Days on Market
70 days
Land Size
0.16 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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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 #SW24156675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Price Decreased |
$448,900
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Aug 11, 2024 | Price Decreased |
$449,900
↓ $25K
(5.3%) | |
| Price Decreased | |||
Show More
Property Highlights
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 Echo Hills
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Listed by: Jill Pittman, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24156675
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24156675
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