53040 Pine View Drive
About This Property
Are you an outdoor enthusiast, camper, or nature lover looking for the perfect escape? This 0.33-acre lot is the ultimate retreat-offering endless possibilities for recreation, relaxation, and adventure.
Key Features for Outdoor Enthusiasts:
• Flexible seller financing/ installment payments available for as low as $356/month
• No HOA Fees: Enjoy unrestricted use of your land.
• Low Annual Taxes: Just $30 per year.
• Recreational RV Use & Camping: Perfect for weekend getaways or setting up a long-term base camp.
• Build Your Adventure Base: Add a tiny home, single-family dwelling, or manufactured home (10 years or newer, placed on a permanent foundation).
• Short-Term Rentals Allowed: Generate income by renting to fellow adventurers via Airbnb or VRBO.
• Minimum Dwelling Size: Only 300 sq. ft., ideal for cozy retreats.
Outdoor Recreational Uses:
• RV storage
• Camping under the stars
• Base camp for hiking, fishing, and outdoor activities
Prime Location for Adventure:
Nestled in the tranquil and picturesque Springville neighborhood, this property offers access to some of the most stunning natural landscapes and outdoor activities in California.
Nearby Cities:
• Porterville: 20 miles (approx. 30 minutes)
• Visalia: 44 miles (approx. 1 hour)
• Bakersfield: 80 miles (approx. 1 hour 40 minutes)
Unparalleled Outdoor Opportunities:
• Sequoia National Forest: 8 miles
• Lake Success: 16 miles
• Trail of 100 Giants: 40 miles
Your Adventure Starts Here-Don't Wait! Affordable, versatile, and surrounded by natural beauty, this property is perfect for your next adventure. Act now!
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Dec 15, 2024 | Listed by William Johnson, Broker | $19,999 | |
| Listed by William Johnson, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017