14116 Wingate
About This Property
For outdoor enthusiasts, the location is hard to beat-just minutes from hiking, biking, and walking trails, as well as nearby lakes, rivers, and endless opportunities for boating, fishing, and exploring the great outdoors. The Magalia area is well known for its relaxed, nature-focused lifestyle where recreation and community go hand in hand.
As part of the Paradise Pines Property Owners Association (PPPOA), ownership includes access to a wide range of amenities such as a clubhouse, seasonal pool and spa, tennis and pickleball courts, walking trails, picnic areas, and more-adding tremendous lifestyle value.
An added opportunity: the adjacent parcel is also available for purchase separately, offering expanded possibilities for those looking for additional space, privacy, or future investment potential.
Situated in one of Northern California's steadily growing regions, this parcel presents an exceptional opportunity for building or investment. Whether you're looking to rebuild, design a custom home, or secure land in a desirable location, this property offers a versatile canvas to bring your vision to life.
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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 |
|---|---|---|---|
| May 30, 2026 | Price Decreased |
$12,000
↓ $2K
(14.3%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by American Homes and Land | $14,000 | |
| Listed by American Homes and Land | |||
| Jan 19, 2020 | No longer available | - | |
| No longer available | |||
| Dec 11, 2019 | Price Decreased |
$15,000
↓ $5K
(23.1%) | |
| Price Decreased | |||
| Nov 20, 2019 | Listed | $19,500 | |
| Listed | |||
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Clean & ready to go! This property had a 1,536 sq.ft. manufactured home on it. Great location for this level lot & doesn't look like it will need a lot of fill dirt to begin the building of your new home. The septic has been checked and is good.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017