$230,000
●
House -
Off Market
750 Rios Road
Hemet, CA 92545
2 Beds
2 Baths
1,166 Ft²
$341,298
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Do not miss out on this price reduced West Hemet senior home with
low HOA fees and neighbors on one side only. This charming
two-bedroom two bathroom home in a quiet senior community has an
HOA of only $50 per year. Easy access to bus transportation or
driving to Temecula or the Banning pass and points east. Easy
access to new Soboba casino and the Pechanga casino. Also excellent
shopping and many quality restaurants nearby. Included is a brand
new quality washer, dryer (inside laundry room), refrigerator, and
stove. This truly turn key home as a huge RV cemented side and rear
access backyard. Home also has Central vacuuming and an intercom
system. This lovely warm home has vaulted ceilings, fireplace,
laminate flooring and low pile carpet, ceiling fans, and mirrored
closet doors. Enjoy nearby Diamond Valley Lake and it's Museum as
well as nearby parks for relaxation. Owner is eager and has
replacement home selected. Please make an offer now before it's too
late
Unit Size
1,166 Ft²
Days on Market
168 days
Land Size
0.12 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
1991
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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: 4 months ago (CRMLS #SW18271730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2019 | Sold | ||
| Sold | |||
| Nov 18, 2018 | No longer available | - | |
| No longer available | |||
| Nov 13, 2018 | Listed by Brubaker Culton R.E. & Dev. | $230,000 | |
| Listed by Brubaker Culton R.E. & Dev. | |||
| Oct 4, 2018 | Listed | $215,000 | |
| Listed | |||
| | |||
|
Beautiful Turnkey 55+ community home The manager has listed the unit size as 1166 square feet.
| |||
| Jun 8, 2018 | Sold | ||
| Sold | |||
Show More
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: Gregory Treadwell, Brubaker Culton R.E. & Dev.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18271730
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW18271730
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