45200 Camelot Drive
About This Property
The home features 2 bedrooms and 2 bathrooms with solid framing and overall structural integrity. Interior condition is functional and provides an excellent opportunity for customization or value-add improvements.
Zoned RL (Rural Living), this property allows a variety of rural residential and agricultural uses, including farming, nursery operations, groves, fish ponds, and other potential agricultural businesses. The expansive parcel may offer the potential to subdivide into up to 16 parcels (buyer to verify with county), presenting significant investment and development upside.
Fully fenced with easy access to Interstate 15. Tremendous long-term land value and development potential.
Seller may consider short-term seller financing under certain terms; all-cash offers preferred.
Do not miss this unique opportunity to secure a large acreage property with strong future growth potential.
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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 |
|---|---|---|---|
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | Listed by UNIVERSAL ELITE REALTY | $169,000 | |
| Listed by UNIVERSAL ELITE REALTY | |||
| Jul 26, 2019 | No longer available | - | |
| No longer available | |||
| Feb 16, 2019 | Listed | $365,000 | |
| Listed | |||
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Very special property for sale in Yermo. Home is a true country charmer, the house features a great room with free standing fireplace like the living room. There are 2 enclosed porches plus an open porch. The property also includes a pond and 2 large buildings which are used as garages and a 20x20 utility workshop. Definitely a must see. The manager has listed the unit size as 1200 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017