54410 Wellman Road
About This Property
This spacious and newer 2005 build has 4-bedrooms, 2-bathrooms and boasts 2,040 square feet of comfortable living with a flowing open floor plan and brand-new carpet throughout. The heart of the home features a well-appointed kitchen with a center island, generous cabinet and counter space, and a cozy dining area - all opening to a light-filled great room that captures the stunning scenery beyond. The thoughtful split-bedroom design ensures privacy, placing the primary suite on its own wing. Unwind in a luxurious primary bath complete with dual sinks, a soaking tub, and separate shower. Outside, the fully fenced, usable land offers a blank canvas to bring your vision to life. Whether you're dreaming of a working horse ranch, expansive garden, pool, or private sports court, there's room to create it all here. Mature trees and native brush add character, while clear night skies make for unforgettable stargazing. Conveniently located near Hwy 371, Hwy 79, and Cahuilla Casino, this property is peaceful yet accessible. Come explore the possibilities - schedule your private tour 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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Performance Estates & Homes | $399,900 | |
| Listed by Performance Estates & Homes | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 8, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017