26
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35442 Lancaster 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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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$750,000
↓ $40K
(5.1%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$790,000
↓ $50K
(6%) | |
| Price Decreased | |||
| Apr 27, 2026 | Listed by Wetrust Realty | $840,000 | |
| Listed by Wetrust Realty | |||
| Jan 31, 2025 | Listed | $995,000 | |
| Listed | |||
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Location: Begins just half a mile south of Quail Lake and near Tejon Ranch's Centennial Project (planned for 19,300 homes. Prime, peaceful location with excellent development and recreational potential Parcel Breakdown: Parcel 1:40 acres, Parcel 2: 20 acres, Parcel 3 :40 acres, and Parcel 4: 49 acres. Property features: 1) Water Access: equipped with a productive well, a 10,000-gallon tank, and an additional 3,500-gallon tank 2) Home site: Includes and electrical transformer and the historic remains of a 50-foot porch featuring a fireplace, BBQ, and seating area under many mature Scrub Oak trees with substantial value by an Environmental Horticulturalist. 3) Fencing: Fully fenced with three secured gates, 4) Equestrian Amenities: Electrified horse corral and barn, 5) Accessibility: Gravel roads suitable for large trucks, making transport easy. Natural Landscape: Acres of Manzanita, Scrub Oak, and Pine trees offering natural beauty and additional environmental value.
Developmental Potential: Perfect for camps, retreats, ranching, or custom homesites with space for expansive amenities.
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| Jan 16, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017