26
Map
20502 Bonanza ST #2
About This Property
Each side includes a two-car garage and a rare double fenced backyard, providing both a private yard for each unit and an additional shared space. This unique feature adds a level of privacy and flexibility that tenants value, supporting stronger retention. As a new build, this property offers the advantage of modern systems and reduced repair costs, allowing investors to maximize returns while limiting near term capital expenses. The combination of size, layout, and finishes positions this duplex well for continued rental demand. An ideal opportunity for investors seeking a newer construction property with long term income potential. For questions or offers, contact second agent. Live like you are on vacation!!
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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 |
|---|---|---|---|
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$594,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Mar 23, 2026 | Listed by eXp Realty, LLC | $599,000 | |
| Listed by eXp Realty, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/28/2024
| |
Studio
|
-
|
3362 ft²
|
$750,000
Studio
-
3362 ft²
|
-
-
|
Annahita Anami Hardeman
3 Flowers Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017