31101 Balsa Ave
About This Property
Barstow is experiencing significant growth and development, making it an ideal time to invest in this community. The $1.5 billion Barstow International Gateway (BIG) project is underway, transforming the city into a major transportation hub. This state-of-the-art rail facility will span over 4,500 acres and is expected to create up to 20,000 direct and indirect jobs, along with 3,000 to 4,000 construction jobs annually . The BIG project will enhance Barstow's infrastructure and economic opportunities, attracting businesses and residents alike.
In addition to the BIG project, Barstow offers a family-friendly environment with affordable housing, award-winning schools, and a variety of recreational activities. Residents can enjoy outdoor pursuits such as biking, camping, hiking, and off-roading, as well as cultural attractions like the Route 66 Mother Road Museum and the Western America Railroad Museum .
With its recent upgrades, spacious layout, and proximity to Barstow's growing economic opportunities, this home presents an excellent opportunity for homebuyers seeking comfort and investment potential. Don't miss out on this chance to be part of Barstow's exciting future.
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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 |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 10, 2025 | Price Decreased |
$314,500
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$319,500
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jun 8, 2025 | Listed by Keller Williams Victor Valley | $329,000 | |
| Listed by Keller Williams Victor Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017