868 White Pepper
About This Property
Step inside to a bright, open interior featuring LVP flooring throughout with NO carpet, recessed lighting, ceiling fans, and tasteful updates. The kitchen stands out with beautiful quartz countertops, a large center island, gas cooking, ample cabinetry, and generous workspace for everyday living and entertaining.
The spacious primary suite includes a walk-in closet and private bathroom with quartz countertops, a soaking tub, and separate shower. Additional features include indoor laundry, central heating and air, double-pane windows, an attic fan, and a low-maintenance backyard with patio space and vinyl fencing. The home is also energy-efficient and equipped with solar, helping provide added efficiency for the next owner.
Conveniently located near shopping, dining, medical facilities, golf, and Diamond Valley Lake, with everyday essentials just minutes away. This is a great opportunity to enjoy an updated, move-in-ready home in a convenient Hemet location.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Listed by Abundance Real Estate | $410,000 | |
| Listed by Abundance Real Estate | |||
| Oct 27, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | In contract | - | |
| In contract | |||
| Sep 17, 2023 | Listed by eXp Realty of California, Inc. | $389,000 | |
| Listed by eXp Realty of California, Inc. | |||
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INTRODUCING YOUR DREAM 55+ OASIS! This single-level home nestled within the gated community of Peppertree offers the perfect blend of comfort and luxury.
Step inside to discover a sunlit living space featuring a cozy fireplace, creating a warm and inviting atmosphere during those chilly evenings. And the best part? Solar panels ensure energy efficiency, saving you money while reducing your carbon footprint. One feels the elegance of this home with its soft, yet luxurious paints that highlight the interior walls. Enjoy the New Air-conditioning Compressor, the new Solar (lease assumable) & New hot water tank! This home is MOVE-IN READY!!
Enjoy the tranquility of the soaking tub located in the ensuite to the primary bedroom that compliments the walk-in shower.
Say goodbye to the hassles of yard work! With a low-maintenance yard, you can spend more time enjoying the resort-like amenities the community has to offer. Dive into relaxation at the community pool, soak in the spa, work on your putting game on the green, or partake in exciting activities at the activity center, fostering new friendships and lifelong memories.
Experience the ultimate 55+ lifestyle in a home that combines modern sustainability with timeless charm, all within the safety and tranquility of a gated community. Welcome home! The manager has listed the unit size as 1560 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017