702 Alondra Drive
About This Property
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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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by RE/MAX Empire Properties | $299,999 | |
| Listed by RE/MAX Empire Properties | |||
| Jun 2, 2019 | No longer available | - | |
| No longer available | |||
| Mar 20, 2019 | Listed | $189,000 | |
| Listed | |||
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Welcome to Hemet Del Sol, a 55+ community with LOW taxes and LOW Homeowners Association Dues of $50 dollars per year! This quaint, single story home offers an inviting front yard with a covered patio and drought tolerant landscaping. As you enter the home you will find a spacious living room/dining area with a gas fireplace, and an eat in kitchen that faces out to the backyard - perfect for get together's or barbecues. There's also an interior laundry room which includes a side by side washer and dryer, plus storage cabinets. Access the over-sized, detached two car garage with a newer automatic garage door from the back alley. Entry into the house from the garage is thru a breezeway with a nicely landscaped backyard and covered patio. This home is centrally located near public transportation retail shopping, dining, and entertainment. There's plenty of outdoor activities in Hemet including Simpson Park with sheltered picnic area, tables, barbecues, hiking trails, bicycle trails and an equestrian trail, Hemet Lake, Diamond Valley Lake/Valley-Wide Recreation and Park District includes a public outdoor swimming pool, hiking trails and more. Nearby Ramona Bowl has outdoor concerts under the stars and plays. If you decide to venture out of town, its a short distance to the new Pala Hotel and Casino, Cabazon, Palm Springs, Temecula or San Diego. Don't miss out on the opportunity to purchase this home! The manager has listed the unit size as 1166 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017