$439,000
●
House -
Off Market
719 Lorraine Lane
Hemet, CA 92543
3 Beds
2 Baths
1,293 Ft²
$2,136
Est. Monthly
About This Property
***Back on the market with an appraisal at $450,000***
Step into this beautifully remodeled home, where modern upgrades meet comfortable living. This stunning home boasts a fresh, contemporary feel from the moment you arrive.
Inside, you'll find new flooring and new paint throughout, creating a bright and inviting atmosphere. The heart of the home, the kitchen, has been updated with modern fixtures and finishes, perfect for culinary adventures. Both bathrooms have also been tastefully updated.
Beyond the aesthetics, you'll have peace of mind with a brand-new roof, ensuring years of worry-free living. Located in a desirable Hemet neighborhood, 719 Lorraine Lane is ready to welcome you home. Don't miss the opportunity to make this meticulously updated property yours!
Step into this beautifully remodeled home, where modern upgrades meet comfortable living. This stunning home boasts a fresh, contemporary feel from the moment you arrive.
Inside, you'll find new flooring and new paint throughout, creating a bright and inviting atmosphere. The heart of the home, the kitchen, has been updated with modern fixtures and finishes, perfect for culinary adventures. Both bathrooms have also been tastefully updated.
Beyond the aesthetics, you'll have peace of mind with a brand-new roof, ensuring years of worry-free living. Located in a desirable Hemet neighborhood, 719 Lorraine Lane is ready to welcome you home. Don't miss the opportunity to make this meticulously updated property yours!
Unit Size
1,293 Ft²
Days on Market
98 days
Land Size
0.17 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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: 2 years ago (CRMLS #SW25144097)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Aug 13, 2025 | Relisted | $450,000 | |
| Relisted | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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ft²
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HOA + Taxes
About Hemet
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Listed by: Zachary Bach, eXp Realty of California, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25144097
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW25144097
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