846 Pinehurst Drive
About This Property
West Hemet beauty, located within walking distance to West Valley High School, Mary Henley Sports Park, shopping, dining, entertainment and more, this 4 BR/ 3BA home features an open and airy floor plan with dark hardwood floors, light and warm neutral paint throughout, stacked stone fireplace, a breakfast nook bathed in natural light and new carpet in the ancillary bedrooms. Vaulted ceilings, granite counters and wrought iron staircase rails create a model home aesthetic inside this charming and inviting home, ideal for a first time home buyers, a move up family home or a rental income-generating addition to an investor portfolio.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2018 | Sold | ||
| Sold | |||
| May 3, 2018 | Listed by AARE | $264,900 | |
| Listed by AARE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017