$102,500
●
Mobile Manufactured -
Off Market
654 Hillmer Drive
Hemet, CA 92543
2 Beds
2 Baths
800 Ft²
$126,743
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Move right into this well maintained and extremely clean
manufactured home. Fresh interior and exterior paint and new
neutral plush carpeting. This adorable home is located on a quiet
cul-de-sac street in a NON-AGE RESTRICTED neighborhood. Super cute
brand new vinyl picket fence, extra large lot, covered
parking, mature trees offer plenty of shade, large side patio
for entertaining and conveniently located close to shopping. There
is a third room that could be used as a 3rd bedroom and also
adds additional square feet. No homeowner's association, no
mello-roos or special tax assessments, no space rent, not in a
park, you own your own land, and very low property taxes. This home
could also be a great rental investment property opportunity. Do
not miss this one before it goes!
Unit Size
800 Ft²
Days on Market
22 days
Land Size
0.16 acres
Price per sqft
$100
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #SW17247503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2023 | No longer available | - | |
| No longer available | |||
| Sep 17, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Listed by The Culton Corp | $176,000 | |
| Listed by The Culton Corp | |||
| | |||
|
This beautiful home is a manufactured waiting for the perfect buyer to give it some tlc and bring it back to life. The manager has listed the unit size as 800 square feet.
| |||
| Nov 22, 2017 | Sold | ||
| Sold | |||
| Oct 31, 2017 | Listed by Coldwell Banker Assoc.Brkr-Mur | $79,900 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
Property Highlights
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: Jennifer Murphy, Coldwell Banker Assoc.Brkr-Mur
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17247503
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17247503
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