1641 W Avenue L4
About This Property
The home features 3 bedrooms, 1 bathroom, a formal living room, formal dining area, and an oversized family room ideal for entertaining or large gatherings. Recent updates include newer wood laminate flooring and fresh interior paint, adding warmth and comfort throughout the home.
Outside, the possibilities are endless. The expansive lot offers plenty of room for horses, livestock, RVs, trailers, work trucks, toys, or future improvements. A detached 2-car garage and ample parking make this property ideal for contractors, hobbyists, equestrian enthusiasts, or anyone looking for extra space and flexibility.
Enjoy the tranquility of rural living while remaining conveniently close to shopping, dining, schools, and easy access to the 14 Freeway for commuters. Whether you are looking to create a ranch retreat, hobby farm, or simply enjoy wide-open space, this property offers incredible value and opportunity in one of West Lancaster's most desirable rural communities.
Bring your vision and make this property your own!
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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 1, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Increased |
$555,000
↑ $25K
(4.7%) | |
| Price Increased | |||
| May 20, 2026 | Listed by City Center Realty Group | $529,900 | |
| Listed by City Center Realty Group | |||
| Sep 3, 2025 | Listed | $618,000 | |
| Listed | |||
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Experience Ranch-Style Living in West Lancaster's Coveted White Fence Farm Community!
An exceptional opportunity awaits with this charming single-story home, offering 3 bedrooms, 1 bathroom, and sitting on an expansive 2.5-acre lot.
Inside, you’ll find abundant living space, including a formal living room, formal dining room, and a large, open family room—perfect for both relaxed everyday living and entertaining guests. The home has been refreshed with newer custom wood laminate flooring and fresh interior paint, creating a warm and inviting atmosphere.
The property features a detached 2-car garage, ample RV parking, and plenty of space for all your toys and equipment. With room for horses, chickens, and other animals, this property is ideal for equestrian living or starting your own hobby farm.
Conveniently located near shopping, dining, and with easy access to the 14 Freeway, this home offers the perfect blend of peaceful country living and modern conveniences. With endless potential for customization and expansion, the possibilities are truly limitless!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017