$295,000
●
House -
In Contract
940 Marlyce
Hemet, CA 92543
2 Beds
2 Baths
1,012 Ft²
$1,449
Est. Monthly
About This Property
NEW PRICE......Very cute home with big rooms ready for the next
family. 2 Big bedrooms and two full bath rooms. It has a galley
kitchen with a nook at the end with plenty of room for the family.
You enter into the big open living room. There is a 2 car attached
garage with direct house access. You can fit up to 6 cars in the
driveway and there is a carport for some more shade. This
home has some fruit trees in front. Both front and back yard are a
very good size.
There is a brand new Roof, HVAC, Hot water heater, and newer vinyl windows. Located close to everything.
At this price the buyer will have equity.
NO HOA
LOW LOW TAX RATE
THIS IS GOING TO BE SOLD AS-IS.
There is a brand new Roof, HVAC, Hot water heater, and newer vinyl windows. Located close to everything.
At this price the buyer will have equity.
NO HOA
LOW LOW TAX RATE
THIS IS GOING TO BE SOLD AS-IS.
Unit Size
1,012 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$292
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
Listed By
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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: 7 days ago (CRMLS #SW26131182)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | Price Decreased |
$295,000
↓ $80K
(21.3%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Coldwell Banker Assoc Brkr-SC | $395,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: AllBedroomsDown
Laundry Features: Inside
Fireplace Features: None
Exterior Details
Square Footage: 1012
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1973
Levels: One
Pool Features: None
Lot Features: Back Yard, Front Yard
Lot Size Area: 6098
Lot Size Units: Square Feet
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Tax Lot: 16
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SewerTapPaid
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: George Williams, Coldwell Banker Assoc Brkr-SC
Last Updated: 7 days ago
Data Source: CRMLS, MLS# SW26131182
Last Updated: 7 days ago
Data Source: CRMLS, MLS# SW26131182
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