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38938 Pepperweed Rd
About This Property
This property is ready for you to build your dream home and create a sanctuary of your own. Utilities are already in place from the previous home that once stood here, but the condition of utilities are unknown. The short driveway adds convenience, while the spacious lot offers ample room for your furry friends or four-legged companions to roam freely.
Conveniently located near the Country Store and with easy access to multiple routes leading to the Central Valley, this neutral location provides the perfect balance of seclusion and accessibility. Additionally, being within an hour of national parks offers endless opportunities for outdoor adventures and exploration. Owner may consider Seller Financing.
Don't miss out on this incredible opportunity to start anew and create the home of your dreams in this picturesque setting. Schedule an appointment today to see this piece of land and envision the endless possibilities that await you. Embrace the warmth and charm of this property and make it your own slice of paradise.
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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 11, 2026 | Listed by eXp Realty of California, Inc. | $89,000 | |
| Listed by eXp Realty of California, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017