$336,000
●
Mobile Manufactured -
Off Market
25430 Echo Valley Road
Homeland, CA 92548
4 Beds
2 Baths
1,730 Ft²
$494,678
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Don't miss out on this great opportunity. 3 manufactured homes
situated on 2.6 acres of land. One unit has 2 bedrooms, den and
storage room plus 2 baths. Another unit has 3 bedrooms, i bath and
the 3rd unit offers 2 bedrooms, 1 bath. Also included is a work
shop which has a pit and a green house. Property is nested on a
hillside which offers privacy and beautiful views of the valley.
You'll also find plenty of level parking area for all your
vehicles, RV's and toys. This is truly country living with all the
privacy one could want. Conveniently located near Hwy 74.
Unit Size
1,730 Ft²
Days on Market
89 days
Land Size
2.66 acres
Price per sqft
$201
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW20022477)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 31, 2020 | Listed by Diamond Real Estate Group Inc | $347,900 | |
| Listed by Diamond Real Estate Group Inc | |||
| Oct 27, 2019 | Listed | $347,900 | |
| Listed | |||
| | |||
|
WOW what a UNIQUE property!!! Amazing views and biggest frontage in the neighborhood. There is 3 homes on over 2.5 acres of land. The main home has 4 bedrooms with 2 baths, an open floor plan with a kitchen, family room and dinning area. Has an enclosed outdoor laundry room and green house. The 2nd home on the top left has 2 bedrooms, 1 bath, inside laundry area, kitchen and great views of the mountains through the living room windows, PERFECT mother in law quarters. 3rd home on the lower level of the property has 3 bedrooms, 1 bath, living room and kitchen. This home has the most space available for parking, you could pull your RV straight through from one gate entrance to the other gate. This property has plenty of parking and storage for all your vehicles and toys! and lets not forget a designated EMWD house pump with a large water tank! This property has so much to offer, It is a PERFECT income property, what are you waiting for!? a MUST SEE!!! The manager has listed the unit size as 1730 square feet.
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Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Homeland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Antonio Rios, Diamond Real Estate Group Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20022477
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20022477
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