18
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40885 Cornflower
About This Property
Welcome to your future on this stunning 5+-acre cul-de-sac lot, where elevated living meets breathtaking views of the Sierra Sawtooth range views so mesmerizing, you'll feel as if you can reach out and touch the mountains themselves!
Imagine waking up every morning to the serenity of nature, surrounded by open skies and the gentle rustle of oak trees. This property is a rare gem, already equipped with a developed driveway, pad, septic, power, and well making it a perfect canvas for your vision. While the existing singlewide mobile home may be in need of some TLC, it presents an incredible opportunity to start fresh and create your dream retreat or family home.
Located just minutes from the charming Country Store and the bustling Central Valley, you can enjoy the best of both worlds: the tranquility of rural living and easy access to everyday conveniences. Embrace the abundant native wildlife that calls this area home and take advantage of the gorgeous rock outcroppings that add character and beauty to your surroundings.
Whether you're looking to build a vacation getaway, a permanent residence, or an investment property, this lot is brimming with potential. Don't miss your chance to turn this dream into reality explore the possibilities and make this enchanting property your own! Your perfect escape awaits! Solar agreement to be assumed and $371.50 per month.
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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 |
|---|---|---|---|
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by eXp Realty of California, Inc. | $100,000 | |
| Listed by eXp Realty of California, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017