15934 Estella Lane
About This Property
Discover a rare opportunity to OWN a versatile 2-acre commercial property with a Home on site providing excellent potential for Owner Occupy or rental income, employee housing or Office.
The property also Includes 5 Bay Mechanic Shop Idela for a Mechanic Disel Repair business, and Parking rental for up to 40 Trucks.
Home Offers 3 Bedrooms -2 Full Bath -2 Horse Stable and a chicken Coop.
All information, included but not limited to dimensions, square footage, condition, tax rate, school district l utilities and other details it subject to change Buyer are advised to verify independently,
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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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by Walzel Properties - Corporate Office | $980,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Price Decreased |
$607,500
↓ $68K
(10%) | |
| Price Decreased | |||
| Oct 8, 2024 | Price Increased |
$675,000
↑ $68K
(11.1%) | |
| Price Increased | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017