665 Solano Drive
About This Property
bath and over 800 square feet of living space. Renovations include new kitchen and bathroom cabinets w/ granite counter tops,
premium Waterproof High Density Oak flooring, freshly painted and popcorn ceiling removed and re-textured. Large back yard with
new "rocks-cape". Completely Turnkey and ready for immediate occupancy. Valle Hermosa is a 55+ community and located within
minutes of the Hemet Valley Mall, restaurants and transportation. Low tax and HOA ($65 per year).
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2019 | Sold | ||
| Sold | |||
| Feb 7, 2019 | Listed by J.D. Real Estate | $154,900 | |
| Listed by J.D. Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017