0 Canyon Heights Road
About This Property
Accessed via a short driveway off the paved Canyon Heights Rd., the potential home site promises ease of arrival and departure. The topography lends itself beautifully to the possibility of a walkout basement or a similarly styled home, ensuring that you can maximize the scenic views from every angle.
With septic approval already secured for a spacious 4-bedroom dwelling, you'll find peace of mind knowing that this property is primed for your dream home. Additionally, a water meter is conveniently installed, with electric readily available in the street, streamlining the process of transforming this parcel into your personal sanctuary.
Consider the potential of the drainage area below the home site, which could serve as an ideal location for a well, offering the possibility of reducing water expenses, particularly advantageous if you envision cultivating crops such as avocados, citrus fruits, flowers, or grapes in the future.
Don't miss out on the chance to turn your rural living dreams into reality. APN 102-330-25-00 awaits your vision and awaits discovery.
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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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Listed by Trillion Real Estate | $224,999 | |
| Listed by Trillion Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017