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Map
7247 Pinecone Court
About This Property
County. Located West of Interstate-5 between Red Bluff and Corning, Rancho Tehama has a country setting with
seasonal Elder Creek winding through its rolling hills of oak and pine trees. It is a rural subdivision with lovely views of Mt.
Shasta and Lassen, and a haven for a variety of wildlife. There is an Elementary
School, school bus service for older students traveling to Corning, a small country store, community church, cafe and air strip. The manufactured home is 34 years old The living room and bedrooms were added on in 2006. Per the appraiser, the combined square footage is 1210.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Price Decreased |
$155,000
↓ $4K
(2.5%) | |
| Price Decreased | |||
| Jul 29, 2025 | Price Decreased |
$159,000
↓ $10K
(5.9%) | |
| Price Decreased | |||
| Jun 24, 2025 | Listed by Re/Max American Dream Realty | $169,000 | |
| Listed by Re/Max American Dream Realty | |||
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Check out this unique property! A cozy 1-bedroom, 1-bath singlewide manufactured home on a permanent foundation with a stick-built expansion that adds a spacious living room and another bedroom. The open concept kitchen and dining area are perfect for relaxed living, and the Lassen Mountain views from the backyard and the living room are breathtaking!
Need extra space? A detached structure (approx. 720 sq ft) offers 1 bedroom and 1 bath layout potential, currently unfinished and best suited for storage use.
With over 1.5 acres of land, you’ll have plenty of room for privacy and future projects. The property also includes a ramp for added accessibility!
This unique property has plenty of room to grow and make it truly yours. With so many possibilities, I can’t wait for you to see it!
Please note that some photos are edited to help you envision yourself in this space. OWNER WILL CARRY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017