42429 Lane Ranch
About This Property
In addition to this beautiful home are the upgrades of central air and heating and new carpeting. The home has been recently been touched up with newer paint on the interior and exterior trim.
The backyard is spacious and low maintenance. Its all abut pride of ownership here. Being situated in one of the best areas of West Lancaster this home is perfect for large families with a smaller price point. This home and location are close to all the favorite places and close to the George Lane park a couple blocks a way. Take your time while viewing to see all this home has to offer and also the quietness of this neighborhood.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$469,950
↓ $30K
(6%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Pinnacle Estate Properties, Inc. | $499,950 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017