11
Map
0 55th Street W
About This Property
Disclaimer: Images are for reference only. Buyers are advised to independently verify lot location, boundaries, utilities, zoning, addressing, access, buildability, and all intended uses to satisfy themselves.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by Real Brokerage Technologies | $50,000 | |
| Listed by Real Brokerage Technologies | |||
| Apr 20, 2026 | Listed by HomeBased Realty | $62,500 | |
| Listed by HomeBased Realty | |||
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LANCASTER WEST - ±10 ACRE INVESTMENT OPPORTUNITY Positioned in the expanding West Lancaster corridor, this ±10 acre level parcel presents a strong opportunity for investors, land bankers, or buyers seeking long-term appreciation in the High Desert market. The property offers usable, flat terrain with power near, ideal for future development, agricultural use, or a strategic hold. Located just minutes from Highway 14, the site benefits from convenient north-south access connecting Lancaster and Palmdale to Santa Clarita and the greater Los Angeles area. Even more importantly, the property sits near Avenue D (California State Route 138), a key east-west corridor linking Interstate 5 to the Antelope Valley and beyond. This positioning places the parcel within a growing transportation network that continues to support regional expansion. The property is zoned A-1 (Light Agricultural), allowing for a range of residential and agricultural uses, giving investors flexibility as the market evolves. The surrounding area remains largely undeveloped, yet sits within reach of nearby cities including Rosamond, Lancaster, and Palmdale--areas that continue to see steady population growth and housing demand as buyers seek more affordable alternatives to urban centers. Additionally, the broader High Desert region continues to be part of long-term planning discussions, including large-scale transportation concepts like the High Desert Corridor, which aims to improve connectivity between Lancaster/Palmdale and Victorville. While still in planning phases, projects like this highlight the long-range vision for increased infrastructure and mobility across the region.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017