3440 Lama Avenue
About This Property
From the moment you arrive, you'll appreciate the home's inviting curb appeal and updated hardscape, creating a polished and welcoming first impression. Inside, the layout flows effortlessly, highlighted by a step-down living room with a charming fireplace-perfect for relaxing evenings or gathering with family and friends.
The home features hardwood floors in the bedrooms, enhancing warmth and character throughout the private living spaces. Modern upgrades include new heating and air conditioning and dual-pane windows, providing year-round comfort, energy efficiency, and a peaceful indoor environment.
The kitchen and dining areas connect seamlessly for everyday living and entertaining, while the bedrooms are generously sized to accommodate a variety of lifestyle needs-from home offices to guest rooms. The primary living areas are filled with natural light, creating a bright and airy atmosphere throughout.
Additional highlights include extra storage in the garage rafters, ideal for seasonal items, hobbies, or organized overflow storage. The backyard and outdoor spaces offer a wonderful setting for relaxing, entertaining, or enjoying Southern California's year-round climate.
Ideally located near El Dorado Regional Park, top-rated Newcomb Academy, shopping, dining, and major commuter routes, this home blends comfort, convenience, and classic neighborhood charm. A rare opportunity to own a thoughtfully upgraded home in the heart of El Dorado Park Estates-this one is not to be missed.
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Price Decreased |
$1,199,900
↓ $50K
(4%) | |
| Price Decreased | |||
| Feb 3, 2026 | Listed by Circle Real Estate | $1,250,000 | |
| Listed by Circle Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017