45615 Calle Cuero
About This Property
THERE IS A SEASONAL CREEK ALONG THE FRONT OF THE PROPERTY. THIS WOULD ALSO BE A FANTASTIC SITE FOR AN ESTATE HOME WITH INCREDIBLE VIEWS. SOLD IN AS-IS CONDITION.
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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 |
|---|---|---|---|
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by Century 21 Award-Tem Redhawk | $420,000 | |
| Listed by Century 21 Award-Tem Redhawk | |||
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THIS 20.69 ACRE PROPERTY IS LOCATED IN THE BEAUTIFUL DE LUZ COMMUNITY. APPROXIMATELY 3200 MEYER LEMON TREES WERE PLANTED 7 YEARS AGO. EASY ACCESS TO THE PROPERTY ON PAVED ROADS AND ONLY 15 MINUTES DRIVING DISTANCE TO TOWN AND FREEWAY. THERE IS A SEASONAL CREEK ALONG THE FRONT OF THE PROPERTY. IT IS PARTIALLY FENCED AT THE FRONT OF THE PROPERTY ALONG THE ROAD WITH A GATE FOR ACCESS. DIRT ROADS THROUGHOUT THE PROPERTY AND POTENTIAL VIEW SITE FOR A BUILDING PAD. THIS WOULD BE A FANTASTIC SITE FOR AN ESTATE HOME WITH INCREDIBLE VIEWS. LEMON TREES ARE STILL ADOLESCENTS. MEYER LEMONS BLOSSOM THREE TIMES A YEAR AND THEY DO NOT REQUIRE AS MUCH WATERING AS AVOCADO TREES. THE LAND WAS WELL DEVELOPED. IT WILL BE EASY TO GRAFT THE MEYER LEMONS OVER TO EUREKA LEMONS OR TO PLANT DIFFERENT TYPES OF FRUIT TREES. THIS PROPERTY HAS A 2" RANCHO CALIFORNIA WATER DIST. METER. THE ADJACENT 21.4 ACRE LOT (APN937090002) WAS LISTED SEPARATELY. GREAT OPPORTUNITY TO PURCHASE TWO LOTS TOGETHER!
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| May 31, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed by Century 21 Wright | $398,000 | |
| Listed by Century 21 Wright | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017