20135 Elm Ln
About This Property
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | Listed by EpicPoint Properties | $1,050,000 | |
| Listed by EpicPoint Properties | |||
| Mar 13, 2025 | Listed | $1,100,000 | |
| Listed | |||
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One price three parcels! Rarely available multiple parcels property near the lake and trails. Beautiful 3 bedroom and 2 bathroom house. Along with ample pasture, a Tack Shed, a Horse Shelter w/attached Feed Room, a Covered Storage and A Wash Rack. This house was beautifully renovated in 2022. Stainless steel appliances in kitchen, hard surface floor through out, full size washer/dryer. Newer HVAC system, Newer Septic, Plumbing was re-piped, Newer Roof, Tesla Charger. Many fruit trees: Lemon, Lime, Orange & Pomegranate, With Blackberry, Blueberry and Loganberry bushes. There are two raised beds for herbs or veggies as well. This property also featuring gates on three sides for flexible setup and expansion. Great location and is just one block away from Lake Hodges.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017