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4116 4124 Spruce Trail
About This Property
Freshly reduced and priced to move! This turn-key remodeled cabin sits on two combined lots totaling approx. 11,760 sq ft - nearly double the land of most Frazier Park homes. Inside the 661 sq ft, 2-bedroom/1-bath home you'll find new flooring, fresh interior paint, an updated kitchen, and a reconfigured layout that makes the space live bigger, plus a wood-burning stove for cozy mountain nights.
Here's what makes this property different: the second lot. Room to expand, add a garage or ADU, park the RV and toys, garden, or explore building and future possibilities on land that has real standalone value in this market - flexibility you simply don't get with a single-lot cabin. A newly installed perimeter fence with two metal vehicle gates and a separate pedestrian gate wraps the grounds in privacy.
Surrounded by pines, scenic views, and fresh mountain air, it's move-in ready as a full-time home, weekend retreat, or four-season getaway - now at a price the recent sales in Frazier Park actually support. Don't wait on this one.
Buyer to independently verify square footage, lot size, lot separability, improvements, permits, utilities, and all property details.
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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 21, 2026 | Price Decreased |
$279,900
↓ $30K
(9.7%) | |
| Price Decreased | |||
| Sep 5, 2026 | Listed by Luxury Collective | $310,000 | |
| Listed by Luxury Collective | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017