13662 Nimshew Road
About This Property
Bring your Hammer, Nails & Best-Offer for a great sweat equity opportunity and discover a rare chance to own a breathtaking 4.23-acre property in Magalia. Even seller financing may be possibly available with significant down payment. Boasting spectacular views of Sawmill Peak, towering trees, and a rich history in what was once known as Irish Town, an area steeped in gold mining lore.
This unique property features two existing homes, multiple outbuildings, and a modern 1,200 sq. ft. shop-perfect for hobbies, a workshop, or business use. With three wells and multiple 200-amp power connections, the infrastructure is already in place for your dream homestead. Lots of clean-up and upgrades have been done, but there is plenty of opportunity to place your stamp on this fixer property
Whether you envision a horse property, a small farm, or a self-sufficient homestead, this land is ideal for goats, chickens, livestock, orchards, vineyards or gardening. There's plenty of space for all your toys, from RVs and boats to ATVs, all while enjoying the privacy and seclusion of this peaceful setting.
Don't miss this chance to create your dream estate with stunning natural beauty, a rich history, and limitless potential!
Schedule a showing today!
Don't miss this chance to create your dream estate with stunning natural beauty, a rich history, and limitless potential!
Schedule a showing today!
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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 22, 2025 | Sold | ||
| Sold | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Relisted | $199,900 | |
| Relisted | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$199,900
↓ $30K
(13.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017