Listed by: George Lopez, Berkshire Hathaway HomeServices California Properties
$440,000
●
House -
Off Market
40431 Lincoln Street
Cherry Valley, CA 92223
3 Beds
2 Baths
1,446 Ft²
$456,632
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Beautiful family home in wonderful Cherry Valley. Enjoy a
newly remodeled professional kitchen complete with extra large gas
range & hood. The cabinets are top of the line with auto
close on the drawers and cabinets... plus an outlet that has
USB charging ability. New flooring in the kitchen, living
room, entryway and all bedrooms. Fresh paint inside and out!
Enjoy living off your own land! In the front yard:
Merlot Grapes, Nectarine Tree, Almond Tree, Cherry Tree. Plus
there is a lovely rose garden. In the backyard: More
Merlot Grapes, Japanese Pear, Raspberries, Goji Berries,
Blackberries, Strawberries, Sweet Basil, Kale, Mexican Lime &
Lemon... plus room to plant more! This home has amazing
mountain views that take your breath away. This is a Gem!
Unit Size
1,446 Ft²
Days on Market
53 days
Land Size
0.17 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (CRMLS #219063374DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $399,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Apple Valley
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Listed by: George Lopez, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063374DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063374DA
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