Listed by: Jessica Dixon, Keller Williams Realty Antelope Valley
$490,000
●
House -
Off Market
1601 Silvia Avenue
Lancaster, CA 93535
3 Beds
3 Baths
1,835 Ft²
$2,406
Est. Monthly
About This Property
Beat the heat with this incredible home equipped with paid-off
solar! Enjoy all the AC you want this summer without the high
energy bills. This 3-bed, 2.5-bath home features newly installed
wood grain tile flooring throughout, giving it a modern and
cohesive look. Upon entering, you're welcomed by vaulted ceilings
and a stylish entryway perfect for storing jackets, book bags, and
shoes. The custom kitchen boasts recently updated stainless steel
appliances, granite countertops, and a butcher block island, making
meal prep a breeze. The kitchen overlooks the dining room, creating
a seamless flow for entertaining. The spacious master bedroom
includes a luxurious ensuite bathroom with a custom-tiled shower
and a large separate tub, offering a perfect retreat after a long
day. Both the front and backyards are beautifully landscaped,
providing lovely outdoor spaces to enjoy. This home combines style,
comfort, and energy efficiency, making it an absolute must-see.
Unit Size
1,835 Ft²
Days on Market
48 days
Land Size
0.13 acres
Price per sqft
$267
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 years ago (CRMLS #SR24131200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by Keller Williams Realty Antelope Valley | $490,000 | |
| Listed by Keller Williams Realty Antelope Valley | |||
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
Sold On
HOA + Taxes
About Challenger
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Listed by: Jessica Dixon, Keller Williams Realty Antelope Valley
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24131200
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24131200
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