$160,000
●
House -
Off Market
7964 Stephenson Lane
Yucca Valley, CA 92284
1 Bed
1 Bath
785 Ft²
$256,013
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Views, Views, Views! If you are looking to create a desert getaway
with a view that stretches out as far as the eye can see, then
look no further. Situated up against one of the most beautiful
Panoramic backdrops Yucca Valley has to offer this amazing spot
will leave you speechless. The property includes two large parcels
of land totaling a whopping 5.22 acres with multiple
structures ready for your ideas! Property features include a 1945 1
bedroom 1 bathroom cabin with utilities, burned out masonry home
with utilities to it, water well but has never been used, steel
water tanks, Joshua Trees, Cacti, and other native desert
flora. You have to see this unique and beautiful spot to truly
appreciate it! Whether you are looking for land to build your own
home, build a couple of homes, or restore these two original cabins
back to their original glory this property will ignite your
imagination and inspire you for sure!
Unit Size
785 Ft²
Days on Market
63 days
Land Size
5.22 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
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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: 4 months ago (CRMLS #JT19221229)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2019 | Sold | ||
| Sold | |||
| Sep 16, 2019 | Listed by Cherie Miller & Assoc. | $174,900 | |
| Listed by Cherie Miller & Assoc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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HOA + Taxes
About Yucca Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Paul Karr, Cherie Miller & Assoc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19221229
Last Updated: 4 months ago
Data Source: CRMLS, MLS# JT19221229
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