12168 B Street
About This Property
This 1-bedroom, 1-bathroom home offers 739 square feet of potential on a generous 6,066 SqFt lot. Built in 1946, this single-level property is a blank canvas, ready for a full rehab-ideal for investors or home flippers looking for a rewarding project. At just $27.06 per square foot, it's a rare opportunity to create something truly unique.
Located near the iconic Trona Pinnacles, the property provides easy access to one of California's most stunning natural landmarks, perfect for outdoor enthusiasts. The spacious lot offers room for expansion, landscaping, or even adding outdoor entertainment areas to enhance desert living.
Don't miss this opportunity to turn a fixer-upper into a valuable desert retreat or rental property!
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by MSC Service Realty | $20,000 | |
| Listed by MSC Service Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017