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1032 Santiam ST
About This Property
Inside, the open floor plan features expansive windows & wood-look luxury vinyl plank flooring throughout the main living areas. The inviting living room flows seamlessly into the dining & kitchen spaces, creating a comfortable setting for everyday living & entertaining. The kitchen offers quartz countertops, an island with bar seating, stained wood cabinetry with pullout drawers, stainless steel appliances, a stylish tile backsplash, & a pantry.
The primary bedroom is located on the main level & includes an ensuite bath with a dual vanity, soaking tub, separate shower, & walk-in closet. A half bath completes the main level. Upstairs, a spacious flex space provides room for a game room, media area, or second living space. Three sizable bedrooms offer flexibility for guests, or a home office, each with its own closet & access to a shared full bath.
Outside, the fenced backyard features a covered patio with an extended patio area, offering plenty of room to relax, entertain, or enjoy the outdoors. Just a few steps from home, residents can enjoy community amenities including a park, playground, basketball court, & pond.
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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 10, 2026 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by KWLS - T. Kerr Property Group | $349,900 | |
| Listed by KWLS - T. Kerr Property Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017