8715 Stephenson Lane
About This Property
UNIQUE, lovely, upgraded Masters, Model Plan 3 of which the parlor has been tastefully finished into the FOURTH BEDROOM with a French door entry and custom drapes. Versatile floor plan where formal dining room is currently used as living room and the additional two bedrooms serve as an office and exercise room. This home is located on the 3rd fairway of the Hemet Golf Club in the 55 + community of Four Seasons. Upgrades include tile and laminate flooring throughout, plantation shutters, granite counter tops, crown molding, upgraded base boards, enhanced master bathroom, interior and exterior newly painted, new lighting and fans, tankless water heater, genuine golf netting, patio flooring re-stained / resealed with shaders and professional landscaping to include water fountain and dog run, additional storage in garage, plus much more. DEFINITELY A MUST SEE!...Four Seasons many amenities include fully gated, 24/7 security, large lodge complete with Bistro, movie theater, library, computer room, billiard room, craft room, ballroom, exercise room, beauty shop. Outside is large pool and spa, barbecue area, tennis courts, bocce ball, and shuffleboard plus many activities for the active senior.
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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 |
|---|---|---|---|
| Jan 8, 2020 | Sold | ||
| Sold | |||
| Dec 5, 2019 | Listed by Better Homes and Gardens Real Estate Vogler Feigen | $329,900 | |
| Listed by Better Homes and Gardens Real Estate Vogler Feigen | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Relisted | $329,900 | |
| Relisted | |||
| Aug 18, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017