$160,000
●
House -
Off Market
54836 Alderman Road
Landers, CA 92285
Studio
0 Bath
400 Ft²
$239,704
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Furnished cabin on 5 acres with amazing views. Less than a minute
from the paved roads and less than 20 miles from Joshua Tree
National Park. Fully renovated and permitted by the county. It's
permitted SFR (single family residence) which means it qualifies
for financing and AirBnB! Also has RV parking and RV hookups, the
dump station is only a few minutes down the road. On city water. A
majority of the cabin is brand new as of 2019/2020 including
plumbing, electrical, roof, septic, and insulation. The extra
insulation and brand new mini split allow you to stay completely
cool or totally warm with a low cost electricity bill. Concrete
countertops and tile flooring create a durable and beautiful
finish.The coffee table is custom made from the original cabin
wood. Relax by the fire pit or in the hammocks or play a game of
horseshoes. All furnishings at the cabin are included; a sofa that
has a pull-out bed, towels, plates, decor, a queen size bed and
more. Less than 5 miles from the Integratron and Gubler Orchids,
less than 20 miles from Joshua Tree, Pappy & Harriet's, and King of
the Hammers, and less than 50 miles from Big Bear or Palm Springs
Unit Size
400 Ft²
Days on Market
52 days
Land Size
5.00 acres
Price per sqft
$438
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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: 5 months ago (CRMLS #219045569DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2020 | Sold | ||
| Sold | |||
| Jul 4, 2020 | Listed by eXp Realty of California, Inc. | $175,000 | |
| Listed by eXp Realty of California, Inc. | |||
| | |||
|
Furnished cabin on 5 acres with amazing views. Less than a minute from the paved roads and less than 20 miles from Joshua Tree National Park. Fully renovated and permitted by the county. It's permitted SFR (single family residence) which means it qualifies for financing and AirBnB! Also has RV parking and RV hookups, the dump station is only a few minutes down the road. On city water. A majority of the cabin is brand new as of 2019/2020 including plumbing, electrical, roof, septic, and insulation. The extra insulation and brand new mini split allow you to stay completely cool or totally warm with a low cost electricity bill. Concrete countertops and tile flooring create a durable and beautiful finish.The coffee table is custom made from the original cabin wood. Relax by the fire pit or in the hammocks or play a game of horseshoes. All furnishings at the cabin are included; a sofa that has a pull-out bed, towels, plates, decor, a queen size bed and more. Less than 5 miles from the Integratron and Gubler Orchids, less than 20 miles from Joshua Tree, Pappy & Harriet's, and King of the Hammers, and less than 50 miles from Big Bear or Palm Springs
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Bernardino
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Listed by: Stephanie Heiser, eXp Realty of California, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219045569DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219045569DA
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