51800 Quail Mountain Drive
About This Property
Additionally, the home has a new roof, new water heater, a 5000-gallon water storage tank, dual pane vinyl frame windows increasing the energy efficiency and energy savings.
You're sure to love and appreciate the 40' x 25', 1000 sq. ft. metal shop/garage with pass through garage doors- ideal for a workshop, garage, or both! The possibilities are many with this 5+ acre lot- Be it building an ADU for income, family, or friends, raising livestock, poultry, housing horses, planting and growing your own vegetables and fruit, and much, much, more! Shopping, lakes, restaurants, entertainment, are minutes away towards Hemet, desert areas, or Temecula Valley!! NEW MEMORIES AWAIT! DON'T LET THIS BEAUTY GET AWAY! SCHEDULE A SHOWING TODAY!!
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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 |
|---|---|---|---|
| Jan 22, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | Price Decreased |
$480,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $494,999 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017