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16431 Lazo Canyon Way
About This Property
Full of potential, this property is ready for you to transform it into the home of your dreams. It's perfect for investors, first-time homebuyers with vision, or anyone excited to elevate a property from beautiful to extraordinary.
This is a bank-owned property and will be SOLD AS IS.
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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 6, 2026 | Sold | ||
| Sold | |||
| Dec 25, 2025 | In contract | - | |
| In contract | |||
| Dec 1, 2025 | Listed by Collective Realty Co. | $289,900 | |
| Listed by Collective Realty Co. | |||
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by Realty Associates | $285,000 | |
| Listed by Realty Associates | |||
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MULTIPLE OFFERS...HIGHEST AND BEST BY SUNDAY,JAN 30TH 5PM. BEAUTIFULLY MAINTAINED two story, 4 bedroom home in the Rancho Verde subdivision built in 2017. An open floor plan with high ceilings welcome you into this gorgeous home! This brick elevation include front exterior lighting near garage and in the eves of home. The eat in kitchen is complete with 42" cabinets and a center island to entertain friends. Main floor is open and spacious, the Primary bedroom has an en suite with a huge walk in closet. You will be pleasantly surprised with the endless possibilities of the huge upstairs area that could serve as a second living space, game room, man cave or playroom! Enjoy an upgraded covered patio, exterior fan, mounted tv which will stay and an extended concrete slab to entertain. Great location, minutes to I-10 and Highway 90, followed by restaurants and shopping nearby. Amenities include access to the clubhouse, playground, and pool area. Do not miss out, schedule a showing today!
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017