8005 Garfield Street
About This Property
Recent improvements include fresh interior and exterior paint, updated landscaping with sprinkler repairs, power washing, stucco and fence repairs, a repaired hose bib, refreshed drywall and baseboards, new carpet, reglazed shower and vanity surfaces, a painted fireplace, garage and laundry area improvements, a newer cooktop, updated smoke alarms and outlet covers, and a new closet door. HVAC servicing and professional cleaning have also been completed.
Outside, enjoy a lovely rear yard with a covered patio area-perfect for relaxing or entertaining. The property also features an attached two-car garage and driveway for convenient parking and storage. With its refreshed interior, attractive outdoor space, and extensive recent updates, this home is move-in ready and offers a great opportunity in Riverside.
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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 14, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | Price Decreased |
$505,900
↓ $24K
(4.5%) | |
| Price Decreased | |||
| Sep 18, 2026 | Listed by Coldwell Banker Icon | $529,950 | |
| Listed by Coldwell Banker Icon | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017