43837 Madison Court
About This Property
Single Story West Lancaster Home w/ Fully Paid Solar, An Open Floor Plan, And A Spacious Backyard! Welcome to this well-maintained home featuring vaulted ceilings, recessed lighting, and a bright, open layout that creates an inviting feel throughout. The family room offers a spacious and comfortable setting with an open-concept design that seamlessly connects to the kitchen, featuring a cozy fireplace and large windows with a sliding glass door that provide natural light and direct backyard access, creating an ideal space for everyday living. The kitchen is thoughtfully designed with functionality in mind, featuring granite countertops, extensive cabinetry for abundant storage, and a spacious wraparound layout that provides plenty of prep space. Rich wood cabinetry adds warmth while offering a large number of drawers and cabinets for organization. Stainless steel appliances enhance the space, while the peninsula with barstool seating creates a natural gathering area and opens seamlessly to the main living space. The kitchen also showcases a separate dining area. A window over the sink brings in natural light, and the adjacent dining area makes the layout ideal for both casual meals and everyday use. The spacious primary suite offers private outdoor access, a large walk-in closet, and an upgraded bathroom with dual vanities, updated countertops, a soaking tub, and a floor-to-ceiling glass walk-in shower. The home is completed with four additional bedrooms and two additional bathrooms. Step outside to a generously sized backyard featuring an extended covered patio that spans the rear of the home, complete with lighting and an outdoor ceiling fan, a large grassy area, a separate concrete seating space, and a spacious side yard, offering a functional layout with both shaded and sun-filled areas to enjoy. This home combines comfort, functionality, and energy efficiency with fully paid solar, making it a must-see opportunity in West Lancaster-schedule your private showing 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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | Price Increased |
$620,000
↑ $30K
(5.1%) | |
| Price Increased | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by Real Brokerage Technologies, Inc. | $589,990 | |
| Listed by Real Brokerage Technologies, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017