428 S A
About This Property
The heavy capital investments have already been handled for total peace of mind, boasting a newer composition roof, an updated electrical panel, completely updated PEX plumbing with isolation valves, all-new ABS sewer lines, and a robust central heating and air system paired with an additional mini-split system located specifically in the third bedroom.
Beneath the home sits a +-288 square foot basement that functions as a traditional root cellar/storage. The convenience of a practical mudroom complete with an additional utility toilet and sink adds great everyday functionality. A versatile carport doubles perfectly as a shaded outdoor patio area, while the front yard features a sub-irrigated front lawn, a classic flagpole, and a private mailbox. The massive +-7,500 square foot lot offers unmatched outdoor capability, long-term investment, or rental potential. The private backyard is built for functional living, featuring a chicken coop, mature fruit trees, rich garden space, a detached workshop, and highly coveted rear-alley access with dedicated RV parking and full utilities hookups.
This amazing property now includes a grandfathered NEM 2.0 solar panel system that will be fully owned and paid off completely by the seller when escrow closes. Please note that the living room pellet stove is not included in the sale. Reported square footage varies from public tax records.
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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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2026 | Price Decreased |
$360,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Increased |
$375,000
↑ $46K
(14%) | |
| Price Increased | |||
| May 28, 2026 | Listed by eXp Realty of California, Inc. | $329,000 | |
| Listed by eXp Realty of California, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017