40798 Cheyenne Trail
About This Property
ON THE GOLF COURSE WITH A TWO-CAR GARAGE – A RARE FIND IN THIS COMMUNITY!
Take the time to view this one-its location is truly exceptional!
Discover this charming 2-bedroom, 2-bathroom home with an attached two-car garage, perfectly situated to capture breathtaking views of the San Gorgonio Mountains and the lush, rolling greens of the golf course. This well-maintained residence offers a warm, inviting atmosphere with thoughtful upgrades throughout, all within a vibrant Active Adult Community.
Step inside to a spacious living room filled with natural light, where large windows frame picturesque views of the golf course. The open layout enhances the sense of space-perfect for both relaxing and entertaining.
The primary bedroom provides a tranquil retreat with generous closet space and a private en-suite bath. The versatile second bedroom is ideal for guests, a home office, or your favorite hobby.
Outside, enjoy a beautifully designed back porch-an oasis where you can unwind while taking in sweeping golf course views. Thoughtful seating areas create the perfect setting for morning coffee, evening sunsets, or simply savoring the peaceful surroundings. There are even fruit trees that produce lovely, fresh fruit!
This home is ideally located near the renowned 123 Farm, celebrated for its lavender fields and seasonal festivals, along with numerous other local attractions. Whether you're exploring boutique shops, sampling great dining, or enjoying outdoor adventures, this community has it all.
Nestled in a highly desirable neighborhood, you'll have easy access to golf, walking trails, and abundant amenities. Whether you're an avid golfer or simply appreciate a beautifully landscaped setting, this home delivers the best of both worlds-comfort and an unforgettable view.
A perfect opportunity to live in a spectacular community with exceptional amenities and a very low HOA!
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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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 21, 2025 | Price Decreased |
$335,000
↓ $8K
(2.4%) | |
| Price Decreased | |||
| Aug 20, 2025 | Price Decreased |
$343,343
↓ $7K
(1.9%) | |
| Price Decreased | |||
| Jul 20, 2025 | Price Decreased |
$349,925
↓ $5K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017