$480,000
●
House -
Off Market
1200 Pasteur Drive
Lancaster, CA 93535
4 Beds
2 Baths
2,080 Ft²
$2,333
Est. Monthly
About This Property
Here is your opportunity for a massive lot in a great tract of
homes! This single story 4 bedroom 2 bath home sits on a lot size
shy of half an acre. Just freshened up with new carpet & paint,
featuring separate living & family room with 2 fireplaces, large
kitchen with a breakfast bar along with dining space, and a wet bar
set up. Large bedrooms share a full bath with tub, shower, and dual
sink vanity. Master bedroom features a vaulted ceiling, walk in
closet, dual head shower stall, and a dual sink vanity as well as
having a rear access slider door. Situated in a cul-de-sac location
with great curb appeal and a 2 car garage. This backyard seems to
be the largest in the area with RV side access gate leaving the
parking & toy potential of endless possibilities, or to build
another house, ADU, or garages! If you're not into that, a paradise
could be had, just bring on your imagination and come take a look
at this property today!!
Unit Size
2,080 Ft²
Days on Market
82 days
Land Size
0.41 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
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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: 3 days ago (CRMLS #223003860)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Sep 23, 2023 | Listed by RE/MAX ONE | $474,950 | |
| Listed by RE/MAX ONE | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About Lincoln
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Currently no similar homes aroundNearby Rentals
Listed by: Christopher Garvin, RE/MAX ONE
Last Updated: 3 days ago
Data Source: CRMLS, MLS# 223003860
Last Updated: 3 days ago
Data Source: CRMLS, MLS# 223003860
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