7045 Oak Hill Road
About This Property
Your Spacious Single Story Home awaits with WORKSHOP/GARAGE SHOP complete with a 1/2 bath. Plenty of Room for everyone and everything. 2.8 ACRES of land for your RV's, Trailers, Horses and Horse Trailer, Trucks and Cars and Deserts Toys. Flexible floor-plan with Bonus room for 4th Bedroom, yoga and meditation room or home.Massive Family Room/Great Room Perfect multigenerational compound. Panoramic Views of the High Desert and Big Bear/Arrowhead Mountains. Circle Driveway for easy In and Out, Fenced and Electric Gated Entrance. Plenty of areas for Fruit Trees, Vegetable Gardens and Patio areas for Entertaining and BBQ's. Enjoy peaceful and serene Living in Oak Hills with all the amenities including Restaurants, Medical, Hospital, Boating and Fishing, Water Skiing and Jet Skiing at Silverwood Lake. Enjoy the Country Living with close freeway access to the I-15 to 210 to LA and North to Las Vegas. Close to Palmdale/Lancaster and the Inland Empire.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$620,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Aug 24, 2026 | Relisted | $640,000 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$640,000
↓ $39K
(5.7%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$679,000
↓ $16K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017