1875 Rancho Lomas Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 12, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by Malik Real Estate Group, Inc. | $875,000 | |
| Listed by Malik Real Estate Group, Inc. | |||
| | |||
|
Welcome to this stunning modern farmhouse, built in 2021 and offering 1152 sf of thoughtfully designed living space. Featuring 3 bedrooms and 2 bathrooms, this home is perfectly positioned on a fully fenced and gated 10 acre parcel, offering privacy, serenity and room to roam. As you approach the home, you’ll be greeted by a spacious covered front porch—an ideal spot to relax and take in the scenic views. Step through the French doors into a bright, open interior with vaulted ceilings and vinyl plank flooring throughout. The inviting living space is filled with natural light and showcases charming farmhouse touches. The modern kitchen is complete with an induction cooktop, quartz countertops, a black quartz farmhouse sink and reclaimed wood shelving sourced from a vintage Indiana farmhouse. The primary bedroom offers a peaceful retreat with a walk-in closet featuring custom organizers, a unique farmhouse ceiling fan and French doors that frame the expansive views. Both bathrooms are beautifully appointed with designer vanities, vessel sinks, upgraded bidet toilets with heated seats and subway-tiled tub/shower combos. Additional features include a separate office area in the garage, 220V outlet ready for EV charging, owned solar panels, a tankless water heater, tinted windows and numerous quality upgrades throughout. The gently rolling land is perfect for animals, gardening or simply enjoying wide-open space. There's also potential to build a custom forever home toward the rear of the property. Outdoor amenities include full RV hookups, a storage shed and a fully enclosed dog run that can easily convert into a chicken coop or small animal enclosure. Located in the Independence Ranch community, this home offers the perfect blend of peaceful country living with modern comforts. Don’t miss the opportunity to experience this one-of-a-kind property—be sure to view the Virtual Tour for more details!
| |||
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by The Harley Group | $249,900 | |
| Listed by The Harley Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017