$26,500
●
Land -
Off Market
16042 Spruce Spruce Street
Hesperia, CA 92345
Studio
0 Bath
$60,745
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Dreams start from the ground up!!! Here is a fantastic opportunity
to build your new home. Great level lot with curb,gutter and
driveway already built in. We have sewer at curb side. Water Meter
ready to be installed and electric at NW corner of lot. Wonderful
Hesperia neighborhood with new street lighting. This lot is level
and you just need to bring your imagination and plans and start
building your new home. Property is close to City of Hesperia Civic
Building, shopping, services and transportation. Few minutes to the
15 Freeway make this a wise choice to invest or build your new
home. The lot is 65 feet wide and 142 feet deep which brings it
9,230 square feet of space. Contact your Realtor and Architect and
hope to see you in escrow!!!
Unit Size
-
Days on Market
120 days
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1973
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Cap Rate Calculator
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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: 6 months ago (CRMLS #IV15248943)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2016 | Sold | ||
| Sold | |||
| Nov 18, 2015 | Listed by CENTURY 21 LOIS LAUER REALTY | $34,900 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hesperia
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Listed by: KENNETH ADKINS, CENTURY 21 LOIS LAUER REALTY
Last Updated: 6 months ago
Data Source: CRMLS, MLS# IV15248943
Last Updated: 6 months ago
Data Source: CRMLS, MLS# IV15248943
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