702 W Avenue H2
About This Property
Welcome to this delightful two-bedroom, two-bathroom residence nestled on a desirable corner lot in Lancaster. With 1,150 square feet of thoughtfully designed living space, this property offers the perfect balance of comfort and potential.
Ideal for first-time homeowners or those looking to downsize without sacrificing quality, this move-in ready home welcomes you with abundant natural daylight that creates a warm, inviting atmosphere throughout. The kitchen showcases attractive granite countertops that complement the home's overall appeal while providing durability for everyday use.
What truly sets this property apart is its exceptional renovation potential. Whether you envision modernizing specific areas or putting your personal stamp on the entire space, this canvas awaits your creative touch. The spacious yet cozy layout offers versatility for various living arrangements and design concepts.
Convenience is key at this location, with proximity to shopping centers and easy freeway access ensuring that daily errands and commutes remain stress-free. Nature enthusiasts will appreciate being just steps away from Mariposa Park, offering a perfect spot for outdoor recreation and relaxation.
The primary bedroom provides a comfortable retreat, while the second bedroom offers flexibility as a guest room, home office, or creative space. With two complete bathrooms, morning routines become more manageable for everyone.
This property presents a rare opportunity to secure a corner lot home with substantial potential in a well-established Lancaster neighborhood. Your search for that perfect blend of current comfort and future possibility ends here.
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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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Marro Real Estate, Inc. | $399,990 | |
| Listed by Marro Real Estate, Inc. | |||
| Jun 25, 2025 | Listed | $409,990 | |
| Listed | |||
| | |||
|
CHARMING CORNER RETREAT WITH RENOVATION POTENTIAL
Welcome to this delightful two-bedroom, two-bathroom residence nestled on a desirable corner lot in Lancaster. With 1,150 square feet of thoughtfully designed living space, this property offers the perfect balance of comfort and potential.
Ideal for first-time homeowners or those looking to downsize without sacrificing quality, this move-in ready home welcomes you with abundant natural daylight that creates a warm, inviting atmosphere throughout. The kitchen showcases attractive granite countertops that complement the home's overall appeal while providing durability for everyday use.
What truly sets this property apart is its exceptional renovation potential. Whether you envision modernizing specific areas or putting your personal stamp on the entire space, this canvas awaits your creative touch. The spacious yet cozy layout offers versatility for various living arrangements and design concepts.
Convenience is key at this location, with proximity to shopping centers and easy freeway access ensuring that daily errands and commutes remain stress-free. Nature enthusiasts will appreciate being just steps away from Mariposa Park, offering a perfect spot for outdoor recreation and relaxation.
The primary bedroom provides a comfortable retreat, while the second bedroom offers flexibility as a guest room, home office, or creative space. With two complete bathrooms, morning routines become more manageable for everyone.
This property presents a rare opportunity to secure a corner lot home with substantial potential in a well-established Lancaster neighborhood. Your search for that perfect blend of current comfort and future possibility ends here.
| |||
| May 7, 2025 | Listed | $409,990 | |
| Listed | |||
| | |||
|
CHARMING CORNER RETREAT WITH RENOVATION POTENTIAL
Welcome to this delightful two-bedroom, two-bathroom residence nestled on a desirable corner lot in Lancaster. With 1,150 square feet of thoughtfully designed living space, this property offers the perfect balance of comfort and potential.
Ideal for first-time homeowners or those looking to downsize without sacrificing quality, this move-in ready home welcomes you with abundant natural daylight that creates a warm, inviting atmosphere throughout. The kitchen showcases attractive granite countertops that complement the home's overall appeal while providing durability for everyday use.
What truly sets this property apart is its exceptional renovation potential. Whether you envision modernizing specific areas or putting your personal stamp on the entire space, this canvas awaits your creative touch. The spacious yet cozy layout offers versatility for various living arrangements and design concepts.
Convenience is key at this location, with proximity to shopping centers and easy freeway access ensuring that daily errands and commutes remain stress-free. Nature enthusiasts will appreciate being just steps away from Mariposa Park, offering a perfect spot for outdoor recreation and relaxation.
The primary bedroom provides a comfortable retreat, while the second bedroom offers flexibility as a guest room, home office, or creative space. With two complete bathrooms, morning routines become more manageable for everyone.
This property presents a rare opportunity to secure a corner lot home with substantial potential in a well-established Lancaster neighborhood. Your search for that perfect blend of current comfort and future possibility ends here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017