21291 Ramona Avenue
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Jan 20, 2026 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Nov 9, 2025 | Listed by First Team Real Estate-HighDes | $625,000 | |
| Listed by First Team Real Estate-HighDes | |||
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Welcome to The Estate, a well-maintained single-story home in Apple Valley offering space, functionality, and versatility on a large 1.2-acre lot. Dual electric gates open to a circular driveway with ample room for multiple vehicles, RV parking, boats, and off-road toys.
The interior offers 2,776 square feet with four bedrooms, three bathrooms, and two separate living areas that create a flexible layout for everyday living and entertaining. The updated kitchen features white cabinetry, quartz countertops, and a large breakfast bar, along with a formal dining area and generous storage throughout. The bedrooms are notably spacious, including a well-sized primary suite, and the home’s open flow makes the space feel comfortable and easy to live in.
The west wing includes an additional family room with a fireplace, along with a bedroom and bathroom that work well for guests, extended family, or flexible living arrangements.
Outside, the property provides room to spread out with a covered patio, play area, storage shed, and extensive parking options. In addition to the attached two-car garage, the detached two-car garage with power and partial drywall offers strong potential for an ADU conversion, workshop, or additional storage. A newer septic system adds long-term practicality.
Located near schools, shopping, and Apple Valley Country Club, this property combines usable land, RV access, garage space, and a functional single-level floor plan in a setting that’s increasingly hard to find in today’s market.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017