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Oakridge 97463
48471 ROARING RAPIDS WAY
Photo of 48471 ROARING RAPIDS WAY

1

Map

$42,000
● Land - For Sale

48471 ROARING RAPIDS WAY

Oakridge, OR 97463
bedrooms
Studio
bathrooms
0 Bath
$250
Est. Monthly

About This Property

Great lot in cul-de-sac in Salmon Creek Estates. Disc golf course, mountain biking, and fishing all within minutes from property.
Unit Size
-
Days on Market
113 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
-
Year Built
-

Listed By

Joshua Higbee

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago ( #138960073)

Price History

Date / Event Date Event Price
Jul 6, 2026 Listed by eXp Realty LLC $42,000
Listed by eXp Realty LLC

Property Highlights

Exterior Details
Lot Features: Cul_de_sac
Lot Size Area: 5662
Lot Size Units: Square Feet
Lot Size Acres: 0.13
Lot Size Square Feet: 5662
Financial Details
Tax Annual Amount: $524

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SALMON CREEK ESTATES
  • Land Acres: 0000000130
  • Standard Land Use Code: 8001
  • County Land Use Code: 100
  • State Land Use Code: 100
  • Legal Description 1: SUBDIVISION PLAT SALMON CREEK ESTATES PHASE II LOT 11 TL 01700

Neighborhood

  • School District Name: Oakridge School District 76
  • Census Tract: 001500

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 2135164401700
  • Account Number: 1802071
  • Subdivision Phase Number: II
  • Parcel: 1802071
  • Lot: 11
  • Meridian: SEC 16 TWN 21 RNG 35
  • Municipality: OAKRIDGE
  • Latitude: 43.7413
  • Longitude: -122.451

    Address

  • Full Address: 48471 Roaring Rapids Way
  • Address - House Number: 48471
  • Address - Street Name: Roaring Rapids
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Oakridge
  • Carrier Code: H044
  • 4-Digit Zip Code: 9589
  • Zip Code: 97463

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $45,665
  • Tax Rate Code Area: 07600

    Market Valuation

  • Market Total Value: $29,215
  • Market Land Value: $29,215

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,215
  • Assessed Land Value: $29,215

    Sales

  • Current Sale Contract Date: Dec 22, 2009
  • Current Sale Recording Date: Dec 24, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009-070941
  • Previous Sale Recording Date: Nov 02, 2009
  • Previous Sale Contract Date: Oct 26, 2009
  • Previous Sale Amount: $75,970
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oakridge

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

118

Average Home Size

995 ft²

Average Home Age

52.2 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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RMLS

Listed by: Jeffrey Crosby, eXp Realty LLC
Last Updated: 4 months ago
Data Source: RMLS , MLS# 138960073
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than RH Advisors are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on 10/27/2026 17:00. Some properties which appear for sale on this web site may subsequently have sold or no longer be available.

Frequently Asked Questions

When was property at 48471 Roaring Rapids Way built and last sold?
The property at 48471 Roaring Rapids Way was built in and last sold on Dec 22, 2009 for $60,000.
How much is this home worth?
The estimated value of the home located at 48471 Roaring Rapids Way is $42,420.
What are some comparable homes to 48471 Roaring Rapids Way?
There are currently no comparable homes to 48471 Roaring Rapids Way.
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