222 Hwy 79
About This Property
This would make a great horse/cattle ranch, olive farm, vineyard or private recreational playground. Agricultural zoning allows commercial sales of products produced on the property. With Hwy 79 road frontage access and power on Hwy 79 a good location for sales. Great views, several sites for a house, barns and more.
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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 |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by Fathom Realty Group Inc. | $139,999 | |
| Listed by Fathom Realty Group Inc. | |||
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Sooooooo Cute and Homie... Lots of Cover and Outdoor space to Enjoy. Built-In BBQ, Oven and Lots of Storage with 3 different spaces to use and Entertain - Kitchen, Family Room and Dining Area. Great Location, Close to Fishing Pond, Restaurant, Market, Pool, Front Entrance and Small Clubhouse.
Included in Rancho California RV Resort is a 14 hole Executive Golf Course that is free for owners, 5 Pools and Jacuzzi areas, Tennis Courts, Pickle Ball Courts, Laundry Rooms, Dog Park, Horse Shoe Lawn, Club House, Hiking Trails, and Restaurant all inside Gated Community that is Guarded 24/7. You can live here or rent your space. HOA includes golf, trash, water, cable and common area yard maintenance. Peace and quiet serenity all just 25 minutes from Temecula Wine Country. No age restrictions. Come on over and check this hidden gem of a place out.
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| Aug 17, 2018 | Sold | ||
| Sold | |||
| Mar 29, 2018 | Listed by Realty Executives OTF | $299,000 | |
| Listed by Realty Executives OTF | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017