7858 Sherry Lane
About This Property
The back work shop/ garage and out house of approximately 2000 sq.ft. has 2 rooms that runs as offices, beautiful living room. Built in dry bar or buffet with upper storage/cabinets. New granite counters. Half bathroom. New air conditioning system.
Yard on both sides of the house with paved driveways. Wrought iron gated. Newer 5 portable storages.
Very immaculate back yard with many fruit trees.
Upgraded door bell with cameras. Cul-de-sac
No HOA' No Mello Roos. close to freeways. Sq ft is not taped buyers to verify it. You must see and show it. Nobody will be disappointed.
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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%.
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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 11, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Compass | $1,075,000 | |
| Listed by Compass | |||
| | |||
|
End-of-cul-de-sac privacy meets business flexibility at this gated Hacienda compound on a fully fenced 0.67-acre A-1 Light Agriculture parcel. Total 5 beds/5 baths across a single-level main home plus a versatile rear building. Minutes to Hwy 60, near Costco, parks and shopping. The main residence offers 4 beds/3 baths with red clay tile rooflines, graceful arches, recessed lighting, and an olive-citrus courtyard for alfresco living. A 2017 update delivered a granite-island chef's kitchen with upgraded cabinetry and stainless accents, luxury plank/tile flooring, and spa-style baths with LED mirrors. Owned solar plus Tesla Powerwall battery systems included help slash utility costs and add backup peace of mind. At the rear, an approx. 2,000 sq ft auxiliary building pairs a full apartment (kitchen + bath) with a separate flex wing and second bath; ideal for multigenerational living, rental income, studio, gym, or office. Heavy-duty asphalt and gated RV parking accommodate 20+ cars, trailers, boats, or a 40-foot coach, plus an on-site RV dump w/ grinder, covered carport, roll-up workshop bays, and storage. Room for orchards, hobby livestock, barns, ADU potential, and farm-stand use with minor permits. No HOA, low taxes, and rare space to live, work, and store. Make this your asset!
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| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Price Decreased |
$1,150,000
↓ $150K
(11.5%) | |
| Price Decreased | |||
Property Highlights
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About Glen Avon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017