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57755 Boo Lane
About This Property
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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 |
|---|---|---|---|
| May 7, 2026 | Listed by Desert Sotheby's International Realty | $100,000 | |
| Listed by Desert Sotheby's International Realty | |||
| May 16, 2025 | Listed | $159,000 | |
| Listed | |||
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Exceptional 10.81-Acre Corner Parcel with Approved Plans to build a Modern Desert Retreat! This expansive 10.81-acre parcel offers not only prime real estate but come with the plans to build a 2-bedroom, 2-bathroom home. The thoughtfully designed 938 sq. ft. residence includes a 398 sq. ft. covered carport that doubles as an outdoor patio. Much of the groundwork has already been completed, saving you tens of thousands of dollars, while also accelerating your timeline to build. Utility-ready (buyer to verify) featuring an installed water meter, electrical poles along the South side of Boo Lane, and underground electrical infrastructure on the West and North side, thanks to neighboring modern homes. The planned home showcases a minimalistic modern aesthetic, blending architectural brilliance with functionality. Highlights include a reflective corrugated exterior facade for a striking, contemporary look, and Maple plywood ceilings with Venetian plaster interior walls, offering an elegant finish. With over 10 acres, you'll have endless possibilities to create the ultimate desert oasis and tranquil spaces for relaxation. Nestled in a peaceful, rural setting, this parcel provides an ideal escape while being close to all the amenities and attractions. Opportunities like this are incredibly rare. Here's the chance to make this dream property your reality! Note: For any questions on zoning, usage, permits, etc. Please contact the San Bernardino County Planning Dept and provide APN: 0631-061-42-0000. Photos shown are renderings based on the home's architectural plans. Lot boundaries are approximate.
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| Jan 2, 2025 | Listed | $167,500 | |
| Listed | |||
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Exceptional 10.81-Acre Corner Parcel with Approved Plans to build a Modern Desert Retreat! This expansive 10.81-acre parcel offers not only prime real estate but come with approved plans to build a 2-bedroom, 2-bathroom home. The thoughtfully designed 938 sq. ft. residence includes a 398 sq. ft. covered carport that doubles as an outdoor patio. Much of the groundwork has already been completed, saving you tens of thousands of dollars, while also accelerating your timeline to build. Utility-ready (buyer to verify) featuring an installed water meter, electrical poles along the South side of Boo Lane, and underground electrical infrastructure on the West and North side, thanks to neighboring modern homes. The planned home showcases a minimalistic modern aesthetic, blending architectural brilliance with functionality. Highlights include a reflective corrugated exterior facade for a striking, contemporary look, and Maple plywood ceilings with Venetian plaster interior walls, offering an elegant finish. With over 10 acres, you'll have endless possibilities to create the ultimate desert oasis and tranquil spaces for relaxation. Nestled in a peaceful, rural setting, this parcel provides an ideal escape while being close to all the amenities and attractions of the Hi-Desert. Opportunities like this are incredibly rare. Don't miss your chance to make this dream property your reality! Note: For any questions on zoning, usage, remodel permits, etc. Please contact the San Bernardino County Planning Dept and provide APN: 0631-061-42-0000 for all development questions. Renderings in the photos are based on approved plans. Lot boundaries are approximate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017