27908 Rainier Road
About This Property
This 3 Bedroom, 2 Bathroom, 1,253 Sq. Ft. single-story home sits on a 5,227 Sq. Ft. lot in a desirable Castaic location with NO HOA and NO Mello Roos. Inside, you'll find a bright and inviting floor plan designed for comfortable living. The remodeled kitchen features granite countertops, a center island, decorative backsplash, ample cabinetry, and opens seamlessly to the family room, making it ideal for gatherings with family and friends.
The primary and guest bathrooms have been tastefully remodeled with modern finishes, while large windows throughout the home fill the space with natural light and showcase the surrounding views.
Outside, the thoughtfully landscaped backyard offers a peaceful setting to unwind and enjoy California living. Whether you're sipping your morning coffee, hosting guests, or perfecting your putting skills, this outdoor space is sure to impress.
Conveniently located near shopping, dining, schools, parks, and freeway access, this home also offers easy access to Castaic Lake for boating, fishing, hiking, and outdoor recreation. This is a rare opportunity to own a turnkey single-story home that combines modern updates, beautiful views, and an exceptional location. Don't miss it!
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Relisted | $725,000 | |
| Relisted | |||
| Jul 22, 2026 | Price Increased |
$725,000
↑ $25K
(3.6%) | |
| Price Increased | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017