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Map
8014 Charles Michael Drive
About This Property
Whether you're ready to break ground now or planning for the future, this lot offers the perfect opportunity to create the home you've always wanted. Don't miss this chance to own a ready-to-build property in a desirable residential area, not far from Deerpoint lake.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$63,500
↓ $500
(0.8%) | |
| Price Decreased | |||
| Oct 3, 2026 | Price Decreased |
$64,000
↓ $1K
(1.5%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$65,000
↓ $1K
(1.5%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$66,000
↓ $500
(0.8%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$66,500
↓ $500
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017