7230 Avenue L
About This Property
Step outside and discover 2 beautiful acres with endless possibilities! The property includes a barn ideal for horses, FFA projects, and other livestock needs, along with an additional storage building and a workshop perfect for your latest projects, ATVs, or boat storage. With plenty of room to entertain, unwind, and enjoy the outdoors, this property offers the perfect opportunity to embrace country living while enjoying the comforts of a beautifully updated home.
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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 |
|---|---|---|---|
| Oct 17, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | $429,999 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | |||
| May 7, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Keller Williams Realty Clear Lake / NASA | $369,000 | |
| Listed by Keller Williams Realty Clear Lake / NASA | |||
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Welcome to this beautifully updated home along with plenty of space for horses and livestock. This cozy 3-bedroom, 2-bath residence blends farmhouse style upgrades with classic charm. The open-concept living area is filled with natural light. The kitchen has been fully renovated with sleek countertops and new stainless steel appliances. Step outside to enjoy this beautiful 2-acre backyard with a barn for horses, FFA projects, and so much more. There is an additional storage building plus a workshop to house your lastest project, Atvs, and/or boat and plenty of space for outdoor entertaining and relaxation.
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| Feb 26, 2025 | Relisted | $369,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017