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44841 5th E
About This Property
Inside, the light-filled layout features generous living and gathering spaces designed for everyday comfort and easy entertaining. The home offers a versatile design that works well for first-time buyers, families, or investors seeking a property with solid upside potential through thoughtful improvements.
The backyard provides a private setting with a partially covered patio, ample space for outdoor dining and entertaining, and brick privacy walls that enhance both comfort and seclusion. Ideally located near El Dorado Park and Deputy Pierre W. Bain Park, with shopping, dining, and commuter access via State Route 14 just minutes away, this home offers a rare blend of space, convenience, and long-term value in central Lancaster.
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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 10, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Keller Williams Luxury | $359,900 | |
| Listed by Keller Williams Luxury | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017