3735 Paula
About This Property
Spacious single story ranch on a huge lot in a great Lancaster location! This 5 bedroom home lives large with an open, easy layout and plenty of room for the whole family. The primary suite is enormous, big enough for its own sitting area, and it opens right out to the backyard. The kitchen flows into the main living and dining spaces, and a separate laundry room keeps things convenient.
The backyard is where this one stands out. You get a massive flat, usable yard plus a HUGE insulated workshop garage in the rear. Perfect for projects, toys, a home business, or serious storage. There's also an attached garage out front, so you've got space to spare. Mature trees and a wide driveway give the home real privacy and presence.
Homes with this much room, this much yard, and a workshop like this don't come around often. Come see it today!
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$659,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by eXp Realty of Greater Los Angeles, Inc. | $689,000 | |
| Listed by eXp Realty of Greater Los Angeles, Inc. | |||
| Aug 23, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017