3967 Sheridan Lane
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | In contract | - | |
| In contract | |||
| Sep 2, 2020 | Listed | $210,000 | |
| Listed | |||
| | |||
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Escape to star filled nights, beautiful sunsets and endless outdoor adventures. Make this house your desert retreat, vacation home, or full time residence. This house encompasses 5 Acres and 360 degree mountain views. Ideal for Airbnb and meets all Airbnb County of San Bernardino regulations. Cabin features two bedrooms and one bath. All rooms have been tastefully renovated and ready to enjoy the desert life. Home includes all brand new stainless steel appliances, including dishwasher, microwave, stove, refrigerator, washer and dryer. Kitchen features a large island with butcher block countertop and enough seating for 6. Designer bathroom with walk in shower. Dual paned windows throughout. New tankless water heater, new AC, new roof, new plumbing and new electrical. Includes a newly constructed shed for your recreational vehicles, bikes or RC toys. Bring your hammocks and telescope for stargazing or enjoy a glass of wine in the front large arbor, perfect for watching the sunset,exploring the desert wildlife or sitting by the outdoor firepit that includes seating. Enjoy the pomegranates and grapes from the fruit trees on property. This vacation home is close to Johnson Valley ORV and camping area, 7 miles from Integratron and Gubler Orchids, 15 miles to Joshua Tree Coffee Company and Joshua Tree Visitor Center. Park entrance is 44 miles away. 12 miles from Pioneertown. Have your own 5 acres of serenity and enjoy your own private views of magical Landers! The manager has listed the unit size as 600 square feet.
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| Jul 22, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Tri-Star Realty | $149,000 | |
| Listed by Tri-Star Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017