$495,000
●
House -
Off Market
10885 Jonathan
Cherry Valley, CA 92223
3 Beds
2 Baths
1,592 Ft²
$2,210
Est. Monthly
About This Property
Welcome to 10885 Jonathan Ave in Cherry Valley, where space, land,
and potential take center stage. These 1,592 square foot
manufactured home sits on a permanent foundation and rests on an
expansive 4.75-acre lot, offering true horse property with room to
roam. Built in 1991, the home features 3 bedrooms, 2 bathrooms, and
a dedicated laundry room, providing a solid layout and a great
starting point for renovation. This is a fixer-upper, ideal for a
buyer with vision who wants to make the space their own. The
acreage opens the door for horses, animals, workshops, or future
improvements. Properties like this are becoming harder to find.
Usable land, privacy, and a rural setting with convenient access to
town. Perfect for investors, contractors, or owner-occupants
looking to create a custom country retreat. Bring your plans, your
tools, and your imagination. This property is all about
possibilities.
Unit Size
1,592 Ft²
Days on Market
43 days
Land Size
4.75 acres
Price per sqft
$283
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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: 7 months ago (CRMLS #IG26024854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Feb 1, 2026 | Listed by FAMILY TREE REALTY, INC. | $450,000 | |
| Listed by FAMILY TREE REALTY, INC. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cherry Valley
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Currently no similar homes aroundNearby Rentals
Listed by: Rodolfo Raya, FAMILY TREE REALTY, INC.
Last Updated: 7 months ago
Data Source: CRMLS, MLS# IG26024854
Last Updated: 7 months ago
Data Source: CRMLS, MLS# IG26024854
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