8471 Caughlin
About This Property
The property features a covered carport, storage shed, and a fenced yard area ideal for pets, gardening, or outdoor enjoyment while still providing ample open space for additional possibilities. Affordably priced for first-time buyers, downsizing households, or those seeking rural living with room to spread out. Conveniently located with easy access to major highways, shopping, dining, and other modern amenities while still offering the privacy and space that High Desert living is known for.
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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 14, 2026 | Price Decreased |
$270,000
↓ $15K
(5.3%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by Coldwell Banker Home Source | $285,000 | |
| Listed by Coldwell Banker Home Source | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 22, 2020 | Listed | $89,900 | |
| Listed | |||
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NICE LARGE 2.54 ACRE LOT in beautiful Phelan. Manufactured home on permanent foundation in the peaceful town of Phelan. Bring the tools, toys and animals. Plenty of room here for all. If you're looking for a nice getaway, You'll love it here. The manager has listed the unit size as 1200 square feet.
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| Oct 16, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017