$275,000
●
House -
Off Market
8697 Mann Lane
Hemet, CA 92545
3 Beds
2 Baths
1,861 Ft²
$417,210
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
**CLICK THE LINK ON THIS PAGE FOR PROMO VIDEO** Welcome to Four
Seasons at Hemet, an amazing fully gated and guarded 55+ community!
In the heart of the community is The Lodge, a 14,859 sq. ft.
clubhouse that includes a bistro, billiard room, craft room,
ballroom, and movie theater. You'll also enjoy many of the outdoor
amenities, such as the pool/spa, tennis, shuffleboard, bocce ball
and bbq area. Also there is an 18-hole golf course that weaves
through the community grounds. This is a wonderful single-story
3-bed, 2-bath home with great views and no rear neighbors.
Immediately inside you're welcomed with a large formal living and
dining room. In the heart of the home is the kitchen that features
a large island accented by gleaming granite counters, and tons of
cabinet/ food prep space. The kitchen flows seamlessly to an
additional dining space, large family room and easy access to the
back patio. The master suite is complete with a private bath with
dual sink vanity, walk-in shower and large walk-in closet. The
secondary bedrooms have great natural light, large closets and
access to a full bathroom. Out back enjoy a water-wise yard with a
covered patio and enjoy great views of the mountains. Welcome Home!
Unit Size
1,861 Ft²
Days on Market
64 days
Land Size
0.10 acres
Price per sqft
$155
Property Type
House
Property Taxes
-
HOA Dues
$163
Year Built
2005
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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: 5 months ago (CRMLS #SW19279706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Dec 8, 2019 | Listed by KW Temecula | $289,000 | |
| Listed by KW Temecula | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: Justin Bringas, KW Temecula
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19279706
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW19279706
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