36830 Ripple Ln Road
About This Property
large insulated shop, perfect for all your projects and storage needs. Additionally, there is a separate large 3-sided carport/shop with two connex containers included.
Enjoy the peaceful surroundings of gently rolling terrain, and incredible views of the nearby seasonal creek and mountain views. The property has a private well and is fully fenced with an interior yard. The well-graveled driveway makes for easy access. The home features a wrap-around porch, rear awning, newer 14kw propane backup generator, alarm system, and a cozy pellet stove for those chilly nights.
Just a few of the upgrades include a newer shower stall, carpet, dual pane windows, and more, making this property move-in ready. Located within walking distance to the Country Store and just a short drive to the Central Valley or Kings Canyon/Sequoia Parks, this property offers convenience and functionality.
Don't miss out on this low-maintenance, highly functional property. Come see it for yourself before it's gone!
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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 20, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by eXp Realty of California Inc | $275,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017