1221 W AVENUE H4
About This Property
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Price Decreased |
$415,000
↓ $34K
(7.6%) | |
| Price Decreased | |||
| Dec 12, 2025 | Listed by PONCE & PONCE REALTY, INC | $449,000 | |
| Listed by PONCE & PONCE REALTY, INC | |||
| | |||
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As of January 15th, 2026 upgrades have been done to the home. New pictures uploaded and new price. Welcome W Avenue H4, Lancaster, CA, a well-located property offering comfort, space, and convenience in the heart of the Antelope Valley. Situated in an established neighborhood, this home provides easy access to local schools, shopping, dining, and major commuter routes. Equipped with Solar panels! this property is sure to check all boxes a buyer is looking for!
The property features a functional layout with generous living areas, abundant natural light, and a versatile floor plan suitable for a variety of lifestyles. The outdoor space offers room to relax, entertain, or customize to your needs, making it ideal for both everyday living and gatherings.
Whether you’re a first-time buyer, growing household, or investor, this Lancaster home presents an excellent opportunity to own in a desirable area with strong long-term potential. Don’t miss the chance to make this property your own.
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| Apr 25, 2025 | Price Decreased |
$449,995
↓ $45K
(9.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017