1
Map
$265,000
↓ $20K (4.5%)
●
House -
Off Market
10040 Sky Lane
Cherry Valley, CA 92223
3 Beds
1 Bath
1,200 Ft²
$401,074
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Welcome to the wonderful community of Cherry Valley. This
beautiful 3 bedroom home offers one full bathroom, new paint, newer
room with central heating and air conditioning. The kitchen
has custom oak kitchen cabinets, indoor laundry room, and a large
living room and dining room. The beautifully landscaped front
and back yard offers drought tolerant landscaping, a custom
designed rod iron fence, a large above ground pool with a new liner
and filtration system, a large storage shed, and RV parking.
All of this is on .17 of an acre! Don't miss this great
opportunity, this home will go fast!
Unit Size
1,200 Ft²
Days on Market
29 days
Land Size
0.17 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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Cap Rate Calculator
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Cap Rate
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: 4 months ago (CRMLS #EV18042122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2025 | Price Decreased |
$429,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Welcome to this charming single-family home located in the peaceful community of Cherry Valley, California. Eligible for a USDA 100% financing loan! This inviting property features 3 bedrooms, 1 full bathroom, and 1,200 square feet of comfortable living space—perfect for first-time buyers, downsizers, or anyone seeking a quiet retreat with room to grow. Situated on a generous 7,405 sq. ft. flat, usable lot, the home offers ample outdoor space for entertaining, gardening, or future expansion. A rare bonus, the backyard has two LARGE sheds perfect for storage. The additional side parking is ideal for trailers or extra vehicles. Inside, enjoy a cozy and functional layout with new central air conditioning and heating and brand new water heater—ensuring year-round comfort and energy efficiency. Dishwasher also brand new and ready to use! The home is ready and full of potential for your personal touch. Located in a quiet, relaxed paced neighborhood where you’re still just a short drive from shopping, dining, and schools, with easy access to nearby Beaumont and the 10 and 60 Freeways. Don't miss this opportunity to own a slice of Cherry Valley charm—schedule your private tour today!
| |||
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Feb 22, 2018 | Listed by KELLER WILLIAMS REALTY | $259,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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About Cherry Valley West
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Listed by: RANDY MILLER, KELLER WILLIAMS REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18042122
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV18042122
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