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29851 N Lower Valley
About This Property
The horse setup is already in and working corral, shelter, and turnout pasture so you can haul in the day you close. There's still open ground to ride, add an arena, or build the barn you've been sketching.
The 2,291 sq. ft. home runs four bedrooms and three baths under wood cathedral ceilings, with rich wood walls and lodge-style character in every room. Expansive decks pull the living space outside and frame the surrounding views.
The kitchen and baths have been updated. Public sewer means no septic to manage. A 50-amp RV outlet handles the trailer, and the panel is already wired for a backup generator. Turnkey horse property inside gated Bear Valley Springs.
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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 |
|---|---|---|---|
| Apr 29, 2026 | Listed by SCV Country Real Estate | $545,000 | |
| Listed by SCV Country Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017