14505 Estelle Mountain Road
About This Property
For equestrian enthusiasts, there is a stunning 8-stall horse stable. Surrounded by the tranquil scenery of pine trees and offering amazing views of Lake Elsinore, this picturesque property feels far removed from the hustle and bustle, yet is only 30 minutes from Corona, Riverside and Moreno Valley. The home features paid-for solar panels, two water wells, and power. The land includes mature fruit trees such as avocados, oranges, lemons, and grapefruits. Master bathroom is unfinished, ready for you to create your own touch. Home is being sold AS IS.
Endless possibilities await builders and developers; this land can be subdivided and is ideal for agriculture or farming. Make this your dream oasis today!" Very Rare don't miss this opportunity!!
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Price Decreased |
$1,995,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Oct 21, 2024 | Listed by HOMELINK REALTY INC. | $2,000,000 | |
| Listed by HOMELINK REALTY INC. | |||
| Dec 4, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017