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21975 Mohican
About This Property
Whether you're a first-time homebuyer, an investor seeking a turnkey rental property, or looking to downsize without sacrificing space, this home offers the perfect blend of comfort, style, and practicality.
Thoughtfully renovated from top to bottom, the home features a new roof, all-new flooring, fresh interior and exterior paint, energy-efficient windows, a beautifully remodeled kitchen, and tastefully updated bathrooms with new fixtures and hardware. The kitchen is completed with brand-new stainless-steel appliances, including a dishwasher, range, and microwave, allowing you to move in with confidence knowing the major improvements have already been completed.
Situated in one of Apple Valley's desirable rural neighborhoods, the expansive lot offers endless possibilities to create your dream outdoor space while enjoying the peace and privacy of country living. The property is zoned R-EQ (Residential Equestrian), making it ideal for horse enthusiasts and those looking to accommodate livestock, including horses, goats, chickens, pigs, and other farm animals.
The attached two-car garage provides convenient direct access into the home, while RV parking on the west side of the property and rear alley access make storing recreational vehicles, boats, trailers, and additional vehicles both easy and accessible.
This is a rare opportunity to own a fully renovated home with modern amenities, equestrian zoning, generous outdoor space, and the added benefit of city sewer service. Schedule your private showing today!
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$384,998
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$399,998
↓ $1
(0%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by BLUE SKY REAL ESTATE CENTER | $399,999 | |
| Listed by BLUE SKY REAL ESTATE CENTER | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017