8038 N Desert Boulevard
About This Property
Top Level: Apartment/office space with 2 rooms, 1 bath, plus a main area and a balcony overlooking I-10. Recently remodeled and move in ready!
Bottom Level: Ready to customize - expand office space, living quarters, or storage.
Detached Shop Space: 800+ sq ft with electricity - perfect for mechanics, paint & body, welding, fabrication, and more!
Lot Size: Sitting on ¼ acre lot with plenty of space for vehicles, equipment, or future growth.
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$169,950
↓ $15K
(8.1%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by EP Real Estate Advisor Group | $185,000 | |
| Listed by EP Real Estate Advisor Group | |||
| Jan 23, 2024 | Listed by Team Juan Uribe | $90,000 | |
| Listed by Team Juan Uribe | |||
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Approximately .24 acres of residential land for sale. Great investment opportunity or place to dwell. Frontage to I-10 with quick and easy access. Garage with shed for extra storage. Fenced.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017