$199,900
●
Land -
Off Market
10967 Winesap Avenue
Cherry Valley, CA 92223
Studio
0 Bath
$262,636
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Location, Location, Location!!! 3.5 Acre Lot FLAT Corner Lot
with New Water Meter in a residential community! Located in
Cherry Valley (at the corner of Brookside and Winesap). This
Large, Flat, Fenced, corner lot is ready to go! Build one or two
homes with plenty of space or Build multiple homes in a small
sub division. New water meter feeds 1¼ water line that runs
all the way across the property from east to west. Water
meter was upsized and has the separate fire suppression outlet
required by County now. New chain link fence west side 300
feet L x 6' tall. All pipes, electric valves, sprinkler heads, etc.
for complete irrigation system already purchased, on site, goes
with property., 160 psi. Fire Hydrant conveniently located close to
property, at corner of property (Brookside & Winesap), this is
rare. There are very few fire hydrants in the cherry valley
area, most located blocks away from properties.
Property can be accessed from multiple sides via paved roads.
Views of the Valley Below and close to EVERYTHING. The possibilities are endless and it is priced to sell.
Property can be accessed from multiple sides via paved roads.
Views of the Valley Below and close to EVERYTHING. The possibilities are endless and it is priced to sell.
Unit Size
-
Days on Market
182 days
Land Size
3.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 5 months ago (CRMLS #EV20109290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Jul 11, 2023 | Listed by beycome | $439,000 | |
| Listed by beycome | |||
| | |||
|
Location, Location, Location! The 3.5-acre corner lot in Cherry Valley, at the corner of Brookside and Winesap, bordering the City of Beaumont, is close to the High School, medical facilities, and shopping centers. The property is fenced, with over two hundred fruit trees and grape wines, a drip irrigation system, a new backflow valve, 1¼ water line, a 40’ storage container, and a fenced vegetable garden to protect from wild rabbits and gophers. Currently, all vegetables and fruit trees are grown hundred percent organically. Herbicides, pesticides, or other poisons have never been used. The lot is flat and ideal for a homesteader to build a dream home or to develop the property according to your dreams.
| |||
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Listed by KELLER WILLIAMS REALTY | $199,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
| Apr 6, 2017 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Apple Valley
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Listed by: MITCHELL WEISBERG, KELLER WILLIAMS REALTY
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20109290
Last Updated: 5 months ago
Data Source: CRMLS, MLS# EV20109290
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