2700 Mill Creek
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 25, 2025 | Listed by Shaw Real Estate Brokers | $2,950,000 | |
| Listed by Shaw Real Estate Brokers | |||
| |||
|
Over 22 acres on the Zanja with two single family homes, 555 water shares, two separate entrances and a workshop - this unique property presents an incredible opportunity! Located less than 10 minutes from the Mentone Stater Bros and conveniently set back off of Highway 38, this property offers privacy and serenity while not being too far removed from your everyday needs. When you drive down the main entrance, you're surrounded by lush landscaping, tremendous fully green trees, and the sound of water rushing through the Zanja. Head to your right for the main house. This comfortable home is a three bedroom, two bathroom with an attached two car garage. A deck coming off the living room looks over the water. Around the corner is a shop space. Head back down the driveway, and you'll find a completely separate and secluded three bedroom second home with its own two car garage. There is a gorgeous hillside, at the southern section of the property, with expansive views that include the San Gorgonio mountain area to the north and east and the sweeping valley to the west. This section of the property has it's own access off of Zanja View Dr. This is a fantastic opportunity for someone looking for a serene escape with a second home for the whole family, or for someone seeking creative development opportunities. It's located in the excellent Redlands School District, and is not far from the 10 and 210 freeways.
| |||
| Oct 4, 2024 | Listed by Shaw Real Estate Brokers | $2,950,000 | |
| Listed by Shaw Real Estate Brokers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017