3
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90 E Avenue I
About This Property
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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 |
|---|---|---|---|
| Jun 9, 2026 | Price Decreased |
$44,000
↓ $231K
(84%) | |
| Price Decreased | |||
| Feb 11, 2025 | Listed | $275,000 | |
| Listed | |||
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LOTS OF POTENTIAL HERE. Paved Frontage on 90th Street E, one lot off the corner of Avenue J. Major thoroughfare for traffic to and from Edwards Air Force Base. Edison at property and in Water District. County says bring your Commercial uses here. Next parcel currently being developed as Market and Gas Station. Don't miss this one!
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| Jan 27, 2025 | Listed by HomeBased Realty | $49,000 | |
| Listed by HomeBased Realty | |||
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This 2.5-acre vacant land parcel is located in the high desert community of Lancaster, California, along the highly traveled 90th Street East. Situated in North Los Angeles County, within the Antelope Valley, the property offers excellent visibility and access, as it fronts a paved road with flat, level ground—ideal for a variety of uses. The parcel's location provides convenient access to key regional destinations. It's just a short drive to Lancaster and Palmdale, two growing cities in the Antelope Valley, and offers easy connectivity to Highway 14, making commuting and access to amenities a breeze. Zoned A1-1 by Los Angeles County, the property allows for a wide range of uses, including agricultural, residential, and certain commercial activities. The A1-1 zoning permits single-family homes, farming, ranching, and animal husbandry, along with light commercial or industrial uses, subject to county approval. This zoning provides flexibility for various development opportunities in a rapidly growing area. Whether you're looking for a rural property for personal use, a farming venture, or investment opportunities, this lot offers both space and potential in a highly accessible location.
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| Oct 7, 2024 | Relisted | $49,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017