42300 Vargas Rd
About This Property
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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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Sep 21, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by KW Advisors | $2,150,000 | |
| Listed by KW Advisors | |||
| Jun 26, 2025 | Listed | $2,150,000 | |
| Listed | |||
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Unique opportunity for 105 acre ranch property with custom homesite high in the hills in desirable Mission San Jose High School attendance area for Chadbourne Elementary, Hopkins Middle and Mission San Jose High Schools. Property consists of 4 parcels totaling 105.02 Acres. Homesite is on APN 513-160-1-17 (3.58 acres) which currently has 2 homes: 42300 is a 5 bedroom, 3 bath, 2,500sf mobile home built in 1974, 42290 is a 3 bedroom, 2 bath, 1,675sf modular home built in 1980, plus a swimming pool. Site is served by PG&E. Each home has a septic system. Site will require new well after COE (see ACWD notice). Two parcels (1-18 and 1-14) totaling 100.75 acres are subject to Williamson Act Contract. Property is zoned Open Space - Hill Face. New home will require a conditional use permit. Special financing for purchase and construction is available.
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| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017