31
Map
18512 Pencil Cactus DR
About This Property
And we *have* to talk about the loft upstairs. It's massive. The possibilities are endless-home theater, art studio, game room, kids play area or all the above! It's the ultimate flex space that you can actually get excited about. And it doesn't stop there-every part of the home gives you a little extra breathing room, from the spacious bedrooms to the wide-open kitchen and living areas.
Out back is where you'll find the kind of patio that makes you want to text your friends, "BBQ at my place!" It's huge, fully covered, and ready for everything from birthday parties to lazy Sunday mornings with coffee. The backyard itself is the perfect size for play, pets, or just enjoying the fresh air. And here's the best part: this home has been meticulously cared for from top to bottom, and it shows. It's completely move-in ready with zero stress or projects waiting for you. Just bring your stuff, settle in, and start living your best life!
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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 |
|---|---|---|---|
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$470,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Mar 6, 2025 | Listed by eXp Realty, LLC | $490,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017