20940 Carancho Road
About This Property
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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%.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | Listed by Fara Salamat | $449,000 | |
| Listed by Fara Salamat | |||
| May 15, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by Fairway and Ranch Realty | $279,000 | |
| Listed by Fairway and Ranch Realty | |||
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This is Parcel 3 of the former 42 Acre avocado grove of 4 legal parcels. This parcel is being offered with a new 1.5" water meter, Buyer will be responsible for future back flow device attachment prior to meter acivation. Said meter will be located near the corner of parcel 2 and 3. This parcel has great panormic views from the natural home site area nearby a lone oak tree providing an excellent building site. There are plenty of gentle flatter planting areas. A new drivway access will need to be performed by Buyer going through the existing frontage fence, very easy access near the corner of parcel 4 and 3 (right before the tree!
Awesome views on a clear day. Great combination of view and useable
FYI All 4 Parcels priced as follows:
Parcel 1: $329,000 with 1.5 " meter (PER ACCEPTABLE PRICE) will be changed out from 3" during escrow " IN ESCROW"
Parcel 2: $289,000 has 2 old wells on site presently Seller offering a 1.5" meter, with acceptable sale price. Utilities in street.
Parcel 3: $279,000 (Subject Property) Water + Power in street. 1.5 " meter included with aceptable price.
Parcel 4: $289,000 Already has a 1.5" meter plus water storage tank, plus an old well on property. "IN ESCROW "
ESCROW CLOSING WILL BE SUBJECT TO THE 1.5 " WATER METER INSTALLATIONS WHICH ARE NOW: "Completed"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017