$194,000
●
House -
Off Market
656 Rainier Way
Hemet, CA 92543
2 Beds
2 Baths
1,504 Ft²
$277,554
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
This charming home with great curb appeal is located in the renown
senior community of Panorama Village. The home itself has
approximately 1504 sq ft, two bedrooms, two baths, den, dining
area, living room and a very spacious kitchen. Both bedrooms have
walk in closets and there is lots of nooks and crannies for any
storage problems. There is a fully enclosed patio as well. The lot
size is 5663 sq ft which gives you ample space in your front and
backyards. The yards are drought resistant too. Panorama Village is
centrally located in Hemet to all shopping, restaurants and
theaters. The village offers an abundance of amenities and
activities which include: Golf, pool shuffleboard, card games,
exercise classes, library, holiday events and more. Live tension
free in the great Panorama Village.
Unit Size
1,504 Ft²
Days on Market
143 days
Land Size
0.13 acres
Price per sqft
$126
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
1968
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #SW19113013)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by Coldwell Banker Kivett-Teeters | $189,500 | |
| Listed by Coldwell Banker Kivett-Teeters | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bud Feaster, Coldwell Banker Kivett-Teeters
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19113013
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19113013
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017