741 Wells Fargo
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 |
|---|---|---|---|
| Apr 20, 2026 | Listed by Tandado Real Estate, Inc. | $485,000 | |
| Listed by Tandado Real Estate, Inc. | |||
| May 1, 2025 | Listed | $485,000 | |
| Listed | |||
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Nestled in Shelter Valley, this property boasts a charming 2-bedroom, 2-bath home spanning 1173 sq ft., on five acres. The dwelling offers breathtaking panoramic views of the surrounding mountains, including the picturesque ranges of Granite, Laguna, and Volcan Mountain. Shelter Valley, situated in a high desert area, experiences delightful seasonal weather, making it an ideal winter getaway location. Nearby attractions such as Lake Cuyamaca, Ocotillo Wells State Park, Aqua Caliente County Park, and Anza Borrego State Park provide ample opportunities for outdoor adventures. The property also offers proximity to Three Sisters Falls and Volcan Mountain Preserve, perfect for nature enthusiasts. The quaint Julian Townsite adds charm with its events, restaurants, and the distinction of being an International Dark Sky Community, enhancing the stargazing experience. Come and experience a lifestyle worth living in a community where we call home. APN 2511900500 and a two-and-a-half-acre parcel are included with the sale. Property is being sold with 721 Wells Fargo Trail (APN 2511900500).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017