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1008 Statler Bend DR
About This Property
The kitchen includes newer appliances, while the updated bathrooms add a clean, refreshed feel. Additional improvements include a radiant barrier, a roof replaced in 2021 with hurricane straps and a high-efficiency Trane XR15 heat pump system.
The backyard is where this property really shines. Enjoy an expansive 25-by-13-foot concrete patio, a separate 16-by-16-foot covered paver entertaining area and a built-in concrete counter ready for your Green Egg, outdoor cooking or turkey-frying setup. A raised 34-foot vegetable garden with bird netting is already in place, along with a lime tree that is perfect for fresh limes and laid-back evenings on the patio. Huge palm trees in both the front and backyard add character and a relaxed atmosphere, while the greenbelt beyond the backyard provides additional privacy and a peaceful natural backdrop.
With generous outdoor living space, no immediate rear neighbor and greenbelt views, this home offers features that are difficult to find in the neighborhood.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Listed by All City Real Estate Ltd. Co | $409,999 | |
| Listed by All City Real Estate Ltd. Co | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017