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39612 Lincoln
About This Property
Discover the opportunity to own a beautiful piece of land in the scenic city of Cherry Valley. This expansive parcel, just under 5 acres, is situated on a peaceful cul-de-sac, offering privacy, tranquility, and plenty of space to bring your vision to life.
The property features fully usable land with breathtaking mountain views, creating an ideal setting for a custom home, ranch-style property, or other possibilities, subject to local zoning and approvals.
Enjoy the peaceful beauty of Cherry Valley while still being conveniently located near nearby communities, shopping, dining, and major roadways. Whether you're looking to build your dream home, create a private retreat, or invest in land with outstanding views, this property is worth a closer look.
Additionally this property is located in the Beaumont School
District.
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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 |
|---|---|---|---|
| Jul 3, 2026 | Listed by RE/MAX ADVANTAGE | $699,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017