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About This Property
Please note: The property is located beneath overhead power lines, and a utility easement runs through the middle of the parcel, which may affect placement of future improvements. Buyers are encouraged to verify all building possibilities, setbacks, and utility access with the County and applicable utility providers.
With recent land activity in the surrounding area and strong long-term potential for the Phelan market, this parcel is a great chance to secure acreage in San Bernardino County.
Don't miss this affordable High Desert land opportunity - bring your plans and explore the possibilities today!
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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 |
|---|---|---|---|
| Jun 2, 2026 | Relisted | $45,000 | |
| Relisted | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Listed by Keller Williams Victor Valley | $45,000 | |
| Listed by Keller Williams Victor Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017