19238 Olive Way
About This Property
Here's your chance to own a truly special property in the highly desirable, gated Jess Ranch 55+ community-a standalone single-family residence with no shared walls, located on a prime corner lot for added privacy, space, and curb appeal.
This charming single-story home features 1,202 sq. ft. of comfortable living space, including 2 bedrooms, 2 bathrooms, and soaring vaulted ceilings that enhance the open, airy feel. Unlike many homes in this price range within the community, this one offers an attached 2-car garage, giving you more space for vehicles, storage, or hobbies.
The primary suite includes an en-suite bath with dual sinks and a tub/shower combo, and the thoughtful layout provides an excellent foundation for cosmetic updates or a full redesign-perfect for buyers looking to customize their forever home.
Set against a peaceful wrap-around greenbelt, this home provides a serene backdrop and all the benefits of low-maintenance, active adult living. Community amenities include a clubhouse, pool, fitness center, walking trails, and optional golf access.
Conveniently accessed through Gate 2, you're just minutes from Jess Ranch Marketplace, with nearby shopping, dining, entertainment, and essential services.
Whether you're seeking a quiet retirement retreat or a comfortable, customizable home in a vibrant 55+ setting, this property stands out from the rest. Don't miss this rare combination of location, privacy, and potential-schedule your showing today!
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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 25, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by MGR Real Estate, Inc | $259,900 | |
| Listed by MGR Real Estate, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017