$265,000
●
House -
Off Market
802 Pike Drive
Hemet, CA 92544
4 Beds
2 Baths
1,887 Ft²
$425,443
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
This spacious single story, 3 bedroom, 2 bath, 1,887 sq. ft. home
has a large backyard. Open living family room and kitchen, perfect
for entertaining and spending time with loved ones while you cook.
Several windows fill the home with bright, natural light. Master
bathroom includes a walk in closest. Beautiful large fenced in
backyard with a covered patio. Quiet, family friendly community
with no HOA fees. This home is the perfect investment for a first
time buyer or new family. Neighborhoods: Hemet Equipment: Garage
Door Opener Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
1,887 Ft²
Days on Market
17 days
Land Size
0.16 acres
Price per sqft
$140
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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Cap Rate Calculator
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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 (SDMLS #170029516)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2022 | No longer available | - | |
| No longer available | |||
| Apr 1, 2022 | In contract | - | |
| In contract | |||
| Mar 14, 2022 | Listed by Realty ONE Group West | $499,999 | |
| Listed by Realty ONE Group West | |||
| | |||
|
no agent The manager has listed the unit size as 1887 square feet.
| |||
| Jun 16, 2017 | Sold | ||
| Sold | |||
| May 30, 2017 | Listed by Pacific Sotheby's Int'l Realty | $265,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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
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Listed by: Tim Kirk, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170029516
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170029516
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