21420 Vine St
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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%.
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Relisted | $999,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Dec 23, 2021 | Listed by Team Forss Realty Group | $999,000 | |
| Listed by Team Forss Realty Group | |||
| | |||
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SELLER FINANCING AVAILABLE. Great Development/Investment Opportunity, build approximately 27+ single family development units on nearly 9 flat acres (2 parcels, 4.78 [parcel 366-050-002] & 3.79 [parcel 366-050-003] acres), in the very heart of Wildomar, CA. Take advantage of currently soaring home prices in Wildomar! Perfect for New Construction, and conveniently just minutes from the I-15 Freeway. The subject property is a flat RR zoned parcel and will require no major grading or backfill. The City of Wildomar is easy to work with and willing to fast-track projects. This parcel fronts paved Vine St and is sub dividable, flat, and usable, with utilities (telephone, water, electric, sewer) in the street. Located in the SEDCO Hills area, the property has outstanding views of the Elsinore Mountains and the Santa Ana Mountain Range. Just blocks away from Jean Hayman Elementary School, this site is sure to attract affordable home buyers by the droves! Accuracy of square footage, lot size, and other information is not guaranteed. Buyer to verify all information.
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About Wildomar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017