10731 Morongo Way
About This Property
This fully fenced property is thoughtfully designed with versatility in mind. At the heart of it all is a 10-stall barn, complete with two tack rooms, a washing station, round pen, and a spacious top-tier arena-ready for training, riding, or simply enjoying the equestrian life.
The home itself is a retreat in every sense: nearly 3,000 sq ft manufacture home on a permanent foundation, featuring 4 bedrooms, 2.5 baths, and an inviting front porch you'll never want to leave. Updates include a brand-new roof in 2025 and solar power for energy efficiency.
There is a private well, a detached garage (almost 500 sq ft) with an additional workshop adding even more functionality. There is an outdoor bathroom facility for all of your outdoor activities, and hook ups for your RV.
Surrounded by mature trees and native desert flora, this property offers both privacy and serenity. Whether you're looking for a full time residence, weekend retreat, or income-producing equestrian facility, there's too much to list. Giddy up and see in person.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$525,000
↓ $50K
(8.7%) | |
| Price Decreased | |||
| Jul 8, 2025 | Listed by Inspire Real Estate | $575,000 | |
| Listed by Inspire Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017