2527 Garnet Lane
About This Property
Located in a peaceful East Lancaster neighborhood, this charming single story home offers 2 spacious bedrooms and 2 full bathrooms, including a primary suite with a sliding door that opens to a covered patio perfect for relaxing by the pool.
Enjoy easy living with a low maintenance, all concrete front yard, and an attached two car garage with a covered side area that can double as a carport for extra parking. Both bathrooms feature full tubs and large mirrors, while each bedroom offers ample space and natural light.
Step outside to your private backyard retreat with a sparkling pool, ideal for weekend gatherings or quiet afternoons under the sun.
Perfect for first-time buyers or those looking to downsize, this home offers comfort, convenience, and style in one inviting package. Conveniently located near schools, parks, shopping, East Avenue J, and freeway access, this Lancaster gem is ready to welcome you home.
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 30, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Price Decreased |
$350,000
↓ $30K
(7.9%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed by PAK HOME REALTY | $380,000 | |
| Listed by PAK HOME REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017