38400 Fischer Road
About This Property
The home features 2 bedrooms, 2 bathrooms, and a loft that could easily serve as a third bedroom, office, or bonus space. A detached garage includes a converted living area, providing additional flexibility for guests, a studio, or hobbies (buyer to verify permits and uses).
Whether you're looking for a private getaway, investment opportunity, or a property to make your own, the possibilities are endless. Conveniently located just minutes from Cahuilla Casino, you'll enjoy peaceful rural living while still being close to local amenities.
If you've been searching for acreage, views, and unlimited potential, this is your chance to make it your own!
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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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$300,000
↓ $80K
(21.1%) | |
| Price Decreased | |||
| Jul 12, 2026 | Listed by Team Forss Realty Group | $380,000 | |
| Listed by Team Forss Realty Group | |||
| Sep 25, 2025 | Price Decreased |
$450,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 28, 2025 | Price Decreased |
$455,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$460,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017