Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,190,000
Apartment buildings
200 Yale St Hemet, CA 92544-4777
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3368866
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
WOOD
Total area
3,468 SF
Lot
3.49 ac (152,024 SF)
Zoning code
R2
APN
445-210-004
UPID
US09-3368866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Franklin Terrace Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.19M
Owner & transaction history
Franklin Terrace Property LLC · 6 yrs held
Franklin Terrace Property LLC
since 2020
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
R2 · Hemet, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,995,000
ML approach
$8,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.19M
Range $6.47M – $7.91M · ±10% · vs last sale $6.31M (Jul 1 2020)
Last sale anchor
$6.31M
Jul 1 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2,073 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$91,280
Tax year 2024
Assessed value
$7,995,819
Assessed 2024
Previous assessed
$7,995,819
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,387,718
Assessed improvement
$5,608,101
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Total area
3,468 SF
Lot
3.49 ac (152,024 SF)
Zoning code
R2
APN
445-210-004
UPID
US09-3368866
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Hemet, CA
Zoning R2 · permitted uses
R2 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Lot
3.49 ac
Current owner
From public records · entity-resolved
Franklin Terrace Property LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1001 NEWBURY RD, NEWBURY PARK, CA 91320-6434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Franklin Terrace Property LLC
Franklin Terrace I LLC
Quit Claim Deed
related
—
Mar 28, 2017
$6,310,000
Franklin Terrace 1 LLC
Mike Sater
Grant Deed
$4,520,000 · Homestreet Bank
Jun 30, 2015
$4,500,000
Mike Sater
Reeves Robert N
Grant Deed
$3,375,000 · Bank Of The West
Jun 30, 2015
—
Mike Sater
Sater Najla I A
Quit Claim Deed
related
—
Jun 20, 1995
$1,380,000
Robert M Reeves Employee Benef
American Savings Bank
Grant Deed
$1,000,000 · American Savings Bank
Oct 5, 1994
$1,466,119
American Savings Bank
Franklin Partners
Trustees Deed
related
—
Mar 1, 1988
—
Franklin Partner
Panus
Grant Deed
$1,800,000 · American Savings Bank
—
—
Franklin Partner
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200 Yale St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
