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29521 Pineridge
About This Property
Discover the possibilities of this vacant lot situated in the desirable Cedar Glen area. One of the standout features of this property is its relatively flat, usable terrain, offering a welcome advantage compared to many lots in the surrounding mountain community.
Whether you're looking to build a mountain retreat, create a weekend getaway, or invest in land in a sought-after area, this property offers an opportunity to bring your vision to life. The usable lot configuration provides greater flexibility for planning and development, while the surrounding natural beauty of Cedar Glen delivers the peaceful mountain setting buyers are looking for.
Enjoy the charm of the San Bernardino Mountain community with nearby access to outdoor recreation, local shops, dining, and the surrounding forest. Flat, usable land in this area can be hard to find-making this a property worth exploring.
Come envision what you can create here!
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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 28, 2026 | Listed by KELLER WILLIAMS REALTY | $59,999 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017