25280 Barnes Lane
About This Property
As you arrive, a gated entrance opens to a fully fenced property that welcomes you into a breathtaking private oasis. The land stretches wide with two separate driveways, each leading to one of the two spacious manufactured homes both over 1,500 sqft with 3 bedrooms, 2 bathrooms, their own garages, and separate utilities (gas, electric, water, septic). All appliances are included!
The main home features an open concept layout and a front yard with panoramic views of the mountains, city, and beyond. Surrounded by mature trees, perched on a peaceful hilltop, this property offers the serenity of country living with the convenience of the city.
Plus, an additional section of the lot is already equipped with its own utility hookups, ideal for expansion or a third dwelling.
This is more than a home, it's a lifestyle waiting to be experienced. Come and see it in person because words can't capture how magical it truly is.
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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%.
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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Relisted | $799,000 | |
| Relisted | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by HOUZERZ | $799,000 | |
| Listed by HOUZERZ | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017