$360,000
●
House -
For Sale
740 Bahama
Hemet, CA 92543
2 Beds
2 Baths
1,798 Ft²
$1,984
Est. Monthly
$216
HOA / Fees
About This Property
Single Story Home in the 55+ Gated Community of Whispering Palm. 2
Bedrooms, 2 Baths plus Den/Office (tax roll says 3 bdrms but 3rd
bdrm was converted to a Den/Office). Lots of Curb Appeal and
located across the street from the Clubhouse. Plantation Shutters
and Bull-Nosed Corners thru-out. Ceramic Tiled and Laminate
Flooring. Kitchen features Island, 5 Burner Cooktop, D/W, Oven and
Pantry. Family Room is open to the Kitchen and has Fireplace.
Separate Living Room has Laminate Flooring. Primary Bedroom has two
Closets with one being a Walk-In Closet. Primary Bathroom has
Double-Sinks with a Vanity, Walk-In Shower and Separate Tub. Guest
Bedroom has Walk-In Closet. Interior Individual Laundry Room has
Sink. Seller recently spent $30k to Enclose the Patio. Oversized
2-Car Garage with Automatic Roll-Up Door. Low Maintenance Front
Yard with Drip Watering System. Low HOA Dues. Amenities include
Clubhouse with Billiard Room, Card Room and Pool/Spa/BBQ area.
Living here is like living in a resort!
Unit Size
1,798 Ft²
Days on Market
167 days
Land Size
0.10 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
$216
Year Built
2001
Listed By
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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: 20 days ago (CRMLS #IG26095757)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | Listed by Berkshire Hathaway Homeservices California Realty | $360,000 | |
| Listed by Berkshire Hathaway Homeservices California Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Faces Front
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Pantry, Walk-In Closet(s), AllBedroomsDown, PrimarySuite, WalkInPantry
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Range Hood, Refrigerator
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 1798
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 2001
Levels: One
Window Features: Plantation Shutters
Construction Materials: Stucco
Patio and Porch Features: Glass Enclosed, Porch
Pool Features: Association
Lot Features: Close to Clubhouse, Landscaped, ZeroToOneUnitAcre, SprinklerSystem
Lot Size Area: 4356
Lot Size Units: Square Feet
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Tax Lot: 2
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, ENERGY STAR Qualified Equipment
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Billiard Room, Game Room, Barbecue, Pool, Spa/Hot Tub
HOA Fee: $216
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Anna Selvaggi, Berkshire Hathaway Homeservices California Realty
Last Updated: 20 days ago
Data Source: CRMLS, MLS# IG26095757
Last Updated: 20 days ago
Data Source: CRMLS, MLS# IG26095757
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