1387 Bishop
About This Property
The spacious kitchen opens seamlessly to the family room and includes a double oven, gas range, dishwasher, and a convenient breakfast bar. The family room offers additional built-ins, a ceiling fan, and direct access to the exterior and lanai-perfect for gatherings with family and friends.
An indoor utility room provides a washer and dryer, abundant cabinetry, and ample space for a computer station or crafting area, along with access to the guest bathroom. The guest bedroom is private and generously sized.
The main bedroom includes a new window, extra closet space, and a ceiling fan. The main bathroom is thoughtfully designed with double sinks, a separate tub, and a shower.
Additional features include a two-car carport and low-maintenance landscaping. The community also offers a low HOA fee that covers numerous amenities-including security within this gated neighborhood.
Don't miss this opportunity to own a well-cared-for home in a desirable community!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Listed by SoCal Realtors & Associates | $180,000 | |
| Listed by SoCal Realtors & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017