42107 Empty Creek Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | Listed by Century 21 Ditton Realty | $724,900 | |
| Listed by Century 21 Ditton Realty | |||
| | |||
|
Mountain Haven with Rental Income Potential! Perched on 11.54+/- acres in scenic Oakhurst, this impressive 2,880+/- sq. ft. residence offers both luxury living and exceptional income opportunities. The newly remodeled 6 bedroom, 4 bathroom home features a versatile layout that functions as a tri-plex arrangement, with 2 separate rental units in addition to the main living quarters. Currently operating as a successful Airbnb, this property allows for multiple income streams through either short-term or long-term rental options. The thoughtful renovation extends throughout the entire home, creating fresh, modern spaces that will appeal to residents and guests alike. Step outside to discover breathtaking views that showcase California's natural splendor. The outdoor living space has been carefully designed to maximize enjoyment of the surroundings, featuring a relaxing spa and a seasonal fire pit positioned to capture the spectacular vistas. Inside, the kitchen sparkles with new appliances, while the included furnishings mean you can move in or begin renting immediately without additional investment. The primary bedroom offers a private retreat within this spacious home. The generous acreage provides ample room for expansion, with suitable areas for constructing an Accessory Dwelling Unit (ADU) or even an entirely new residence. This flexibility offers exciting possibilities for further development and additional rental revenue. Located on Empty Creek Road, this property combines tranquil seclusion with reasonable accessibility to Oakhurst's amenities. Whether purchased as a mountain retreat with income potential or as a pure investment opportunity, this unique offering presents remarkable value in a stunning natural setting. The property sits just about 20 minutes to the gates of Yosemite National Park, and just under 10 minutes to the beautiful Bass Lake community!
| |||
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $539,000 | |
| Listed | |||
| | |||
|
Not often that you will find 11+ acres so close to town and all while maintaining privacy and seclusion. Great opportunity for a large family and for entertaining. With the large family room having its own full bathroom and closet, this could easily be used for a VRBO rental having plenty of parking as well, not to mention you are only 20 minutes from the south gate of Yosemite and 15 minutes from recreational Bass Lake Resort. Not only are the views magnificent, but the home is relatively maintenance free, with having 2 HVAC units on the home, gazebo area, possible basket ball court area as well with all of the concrete that has been installed. There is privacy with the electronic gate and the security system on the home, and be sure to check out the 2nd building pad located farther up the road and that is gated. This could be a 2nd residence, or possibly a shop for all of your summer and winter toys. The manager has listed the unit size as 2880 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017