1 Rancho Road
About This Property
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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 19, 2026 | Listed by Century 21 Masters | $29,999 | |
| Listed by Century 21 Masters | |||
| Apr 21, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$72,500
↓ $8K
(9.4%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by Century 21 Masters | $80,000 | |
| Listed by Century 21 Masters | |||
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***PH/RL ZONING*** Rare opportunity to own two adjoining 2.5-acre parcels totaling 5 acres in Phelan, offering the perfect blend of rural privacy and convenient access. Two parcels are being sold together for one price of $80,000, APN 3069-261-06-0000 & 3069-261-04-0000. This expansive High Desert property provides plenty of space to build your dream home, invest, or create a recreational retreat surrounded by wide-open desert landscapes and beautiful mountain views. Electric poles are located down the street for convenient utility access, and a fire hydrant is nearby, adding to future development appeal. Phelan is known for its peaceful small-town atmosphere, clear skies, and proximity to outdoor recreation, including the San Bernardino National Forest. The property offers easy access to California State Route 138 and Interstate 15, providing convenient routes to nearby cities such as San Bernardino, Riverside, Los Angeles, and even Las Vegas, making it an ideal location for those seeking space and tranquility without sacrificing accessibility. All information is deemed reliable but is the buyer's responsibility to verify.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017