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42480 Buckeye Lane
About This Property
This fully fenced property shelters a charming 2-bedroom, 2-bathroom mobile home. Permanently secured on a foundation, it offers stability and ease of ownership. Embrace self-sufficiency with a private water well, a 5,000-gallon water tank, and a septic system. Solar panels harness the sun's power (a new battery is needed to maximize efficiency).
Step inside to The spacious living area is ideal for unwinding or entertaining. Mingle around the convenient wet bar, enjoy casual meals at the breakfast counter, or utilize the expansive laundry room with ample storage. Year-round comfort is ensured with window AC units.
The master suite is your personal oasis. Relax in the dedicated dressing area with a vanity, a dual mirrored closet, and a private bathroom.
Outdoor living takes center stage. Indulge in the breathtaking scenery from the delightful gazebo, the large wraparound deck, or the back-covered patio. Lush palm and fig trees add a touch of tropical paradise.
Calling all adventurers and investors! This property holds immense potential. Transform it into a thriving vacation rental for those seeking thrills at the nearby King of the Hammers event in Johnson Valley. Soggy Dry Lake offers additional outdoor recreation opportunities. This haven is also perfect for those seeking a peaceful weekend escape.
Don't miss out on this unique opportunity! Schedule your appointment today. Please note: The second mobile home and debris will be removed before closing. The two containers and some furnishings are negotiable. Appliances are not included in the sale.
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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 |
|---|---|---|---|
| Sep 20, 2025 | Price Decreased |
$180,000
↓ $20K
(10%) | |
| Price Decreased | |||
| Sep 3, 2025 | Price Decreased |
$199,999
↓ $10K
(4.8%) | |
| Price Decreased | |||
| May 10, 2025 | Price Increased |
$210,000
↑ $10K
(5%) | |
| Price Increased | |||
| Oct 7, 2024 | Relisted | $200,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017