8051 W 78th Cir
About This Property
The open-concept kitchen boasts stainless steel appliances, granite countertops, a breakfast bar, and updated cabinets, all overlooking the cozy family room with a gas fireplace. Refinished original hardwood floors add warmth and charm throughout the main level.
The finished basement is ideal for entertaining, complete with a home theater setup-projector, screen, and theater seating included-as well as a convenient half bath.
Step outside to a private, fenced backyard with a covered patio and hot tub-perfect for relaxing or hosting summer get-togethers. Located in a quiet, established neighborhood with low-maintenance landscaping and a strong community feel, you're just minutes from parks, schools, shopping, and major highways.
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Aug 11, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jul 18, 2025 | Price Decreased |
$750,000
↓ $15K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017