42569 Old Yosemite Road
About This Property
Enjoy expansive upper decks, a second-floor kitchen, living area w/ vaulted ceilings, dining and primary bedroom, all designed to maximize vista views. Relax in the 12-person in-ground stone spa and enjoy recent upgrades including a brand new AC unit, a new high efficiency SPA heater and LVP flooring in the downstairs bedrooms (and primary). Downstairs, you'll find three bedrooms, two bathrooms, cozy living room, mini bar, and open space/game area. The fully fenced backyard is perfect for relaxing, complete with landscaping, stone spa and firepit. Front yard has plenty of parking and RV storage!
The 1500 sqft barn, with 12.5' rollup door has been fully insulated, painted, and outfitted with new 48" windows highlighting the views. The studio apartment inside offers extra living space with bathroom and kitchenette.
Essential amenities include a motorized touchpad entrance gate, large water tank, 500-gal propane tank, 2 water wells generating approx 9 gal a minute, and Generac generator (approx 5 years old). Unfinished observatory may or may not be included (possibly negotiable).
Future potential:Property zoned AR-5 (agricultural, rural-5 acre). Turn barn into a bardominium. Observatory area is a great flat pad for a potential build. There is a possibility to subdivide into 2 parcels to allow building of two additional homes. Buyer to verify all info and options w/ county.
Major Upgrades made in the last year include New Spa Heater: $7,000, New Central Air: $12,000, Bathroom Renovation: $15,000, Barn Insulation & Drywall: $20,000, New Furniture: $30,000, Extensive Land Clearing: $7,500 & LVP Flooring: $4,000.
Perfectly situated just 14 miles to Yosemite National Park's South Entrance, 6 miles to Bass Lake, and 6 miles to Oakhurst, it also offers a peaceful retreat with unobstructed views and prime sunsets on the wraparound deck. Enjoy low light pollution ideal for stargazing, making this home the perfect extension of the park. DO NOT GO direct, plz set appointment.
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,089,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017