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1825 Cherokee Trail
About This Property
Diamond in the rough with serious potential! This 5-acre Landers property offers a recreational cabin, expansive desert views, water already connected, and a manufactured home included in the sale. Potential uses include a vacation rental, desert getaway, or full-time residence. With 5 acres, great views, and water in place, there's plenty of room to unlock the property's potential.
The manufactured home has no permanent foundation and the property will need vision and improvements, making this an ideal opportunity for an investor, builder, or buyer looking for a value-add project.
Bring your vision, add value, and capitalize on the Landers market.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Listed by Cherie Miller & Associates | $85,000 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017