$299,000
●
House -
Off Market
821 Felipe Place
Hemet, CA 92543
2 Beds
2 Baths
1,008 Ft²
$1,545
Est. Monthly
$72
HOA / Fees
8.51%
Cap Rate
About This Property
55+ Community (Sun Park Hemet II) with a quiet end of the
Cul-De-Sac location and backs to a multi-acre community green belt.
Brand new Central AC and Heating in July 2024. This home has
recently been renovated with bedroom carpet, main living area tile
flooring, paint, bathrooms, quartz countertops, scraped ceilings,
upgraded electrical panel. New roof is less than 3 years old and
much more. Low maintenance large lot with fruit trees. 1 car
attached garage has direct access. 165 sqft bonus room not included
in the square footage. Laundry room with stacked unit included.
Fridge, microwave, dishwasher. Community pool and private walking
paths. There is nothing to do here but move your furniture in.
This property has been fully upgraded and needs zero work.
The private community greenbelt is like an extension of the rear
yard and adds to the overall appeal of the grounds and lot.
Very quiet, secure and peaceful. Active and vibrant community
designed for retirees.
Unit Size
1,008 Ft²
Days on Market
11 days
Land Size
0.11 acres
Price per sqft
$298
Property Type
House
Property Taxes
-
HOA Dues
$72
Year Built
1962
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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: 3 years ago (CRMLS #OC24164082)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Mark Doll, Broker | $299,900 | |
| Listed by Mark Doll, Broker | |||
| Jul 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 30, 2023 | Price Decreased |
$279,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
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
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Listed by: Mark Doll, Mark Doll, Broker
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24164082
Last Updated: 3 years ago
Data Source: CRMLS, MLS# OC24164082
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