About This Property
Welcome to this charming 3 bedroom, 2 bath home offering peace, privacy, and panoramic mountain views. Located on a quiet cul-de-sac in rural Phelan, this 1,258 sq ft residence sits on a spacious, fully fenced and cross-fenced 4.4-acre lot with a large automatic entry gate. Enjoy the freedom of country living while still being conveniently close to Palmdale Road for easy access to shopping, dining, and commuting routes.
The home features an open floor plan, attached 2-car garage, and plenty of outdoor space for trucks, toys, animals, crops or future expansion. Whether you're looking for a serene full-time residence or a home to possibly run your business from - this property offers tremendous flexibility. Best of all, the seller is open to owner financing with the right offer! Buyer to conduct their own due diligence with regard to land use, etc.
Don't miss this opportunity to own your own slice of High Desert heaven!
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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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Dec 9, 2025 | Listed by MGR Real Estate, Inc | $470,000 | |
| Listed by MGR Real Estate, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017