$510,000
●
House -
Off Market
10982 Cherry Avenue
Cherry Valley, CA 92223
3 Beds
1 Bath,
1
Half Bath
1,268 Ft²
$2,529
Est. Monthly
About This Property
This remodeled 3-bedroom, 2-bath home sits on a desirable corner
lot and spans approximately .39 acres, offering endless
possibilities. To the left of the home (when facing the property)
is a vacant lot included in the sale, zoned for both commercial and
residential usea rare opportunity.The bright living room features
hardwood floors, large windows, a ceiling fan, and a charming brick
fireplace. A formal dining room offers ceramic tile flooring and a
ceiling fan, perfect for gatherings. The updated interior continues
throughout the home with spacious bedrooms and ample storage.The
third bedroom includes two separate entrances, making it ideal for
a home office, den, or potential business use. The bathroom
features tile floors, tile countertops, and a separate shower and
tub.Outside, enjoy a huge covered back patio and mature fruit and
nut trees, including orange, tangerine, and walnut trees. This is
truly a unique property with incredible land value and versatility.
Unit Size
1,268 Ft²
Days on Market
43 days
Land Size
0.39 acres
Price per sqft
$406
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 8 months ago (CLAW #26644883)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Listed by eXp Realty of Greater Los Angeles | $515,000 | |
| Listed by eXp Realty of Greater Los Angeles | |||
Property Highlights
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christopher Jones, eXp Realty of Greater Los Angeles
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 26644883
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 26644883
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