30242 Oak Lane
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 |
|---|---|---|---|
| Sep 29, 2026 | Sold | ||
| Sold | |||
| Sep 25, 2026 | Listed by Pacific Sotheby's Int'l Realty | $115,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| May 3, 2022 | No longer available | - | |
| No longer available | |||
| Mar 29, 2022 | Listed by Realty One Group West | $149,888 | |
| Listed by Realty One Group West | |||
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Canyon Lots! Great investment property for those who know how to build with extension with beams. This is in a subdivision. Water and Power are available. Property survey is completed. Just a short walk to Cleveland National Forest, and near the creek that runs most of the year, this rugged parcel is a fine place to build your custom canyon home or keep for recreational purposes. This parcel is three lots with a flat/buildable pad of about 800 sq ft (per seller), however, the buildable lot can be expanded to slop area down with structural beam and retaining wall. The lot goes up hill and a larger creative home could be built on stilts/ into the hill.This parcel is zoned R1, which is an agricultural zoning allowing one single family residence (SFR) and an additional dwelling. An SFR includes two car covered parking, full plumbing, a full kitchen and at least one bedroom, which is a room with a door, a window and a closet. Trailers/ tiny homes are not permitted for dwelling, per the County of Orange. A septic pump-out will be needed, due to proximity to the creek. Neighbors use propane for heat and cooking. Water, electricity internet and phone tie-ins are nearby. It is situated on a one-way residential street, off the main road. The driveway is very steep and unpaved. Currently, a high-profile vehicle is needed to access the pad. It will need to be regraded for most purposes. Sycamore, Oak, Ash and Elder provide cover and beauty. Silverado is a quiet, rustic community hidden in Orange County's canyon lands.
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| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017