596 LOMALAND Drive
About This Property
Income opportunities everywhere you look. Property will surprise you with a mother in-law suite with 1 bedroom, full bathroom, kitchen includes stove and refrigerator, new flooring.
A little more than HALF OF ACRE, space has sheds, WORK SHOP AREA and a structure intended to be use as an office. Rear entrance for numerous vehicles or RV.
Garage entrance to the side of the property at the moment is restricted with plywood.
Located on a RANCH & FARM ZONING, HORSES ALLOWED. No need to be far from the city to have the space and the lovely home of your dreams. Approx. 5min to the I10. Lomaland park at a walking distance.
SELLER MOTIVATED send your offer today.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | Listed by Elite Realty-Raquel & Assoc. | $299,999 | |
| Listed by Elite Realty-Raquel & Assoc. | |||
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Jul 23, 2022 | Listed by RE/MAX Associates | $185,000 | |
| Listed by RE/MAX Associates | |||
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Centrally located 3 bedroom 2 bath home on over half an acre of land with separate 1 bedroom 1 bath apartment. This property has everything you need and more. With a large roundabout driveway in front, you will have plenty of space to park your cars and recreation vehicles. The three bedrooms in the main house offer plenty of space for anyone, and the two bathrooms make it easy to get ready in the morning. However, that is not all - the backyard also features an apartment with its kitchen, bedroom, and bathroom. This is perfect for guests or a home office - you can work from home without leaving the property! Adjacent to the apartment is a large workshop for your business desires. It takes only 30 minutes out of your time to come view this home in person.
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| Jun 21, 2022 | Listed by Keller Williams Realty | $220,000 | |
| Listed by Keller Williams Realty | |||
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A home, an apartment and a shop. Work from home or store as many off-road and on road toys as possible. This home has enough space and privacy for everything. from the large home in front with a roundabout drive way, three bedrooms with two baths + Master with separate living areas. To the backyard leading to the single bedroom apartment complete with kitchen. Adjacent a shed with heating and cooling allows for a shop to be placed or an home business. The rest is large open areas with a 6 vehicle bay and a separate workshop. The back features its own access road and direct entry gate for oversized vehicles. Check it out! there are many possibilities in this home for you,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017