8111 Davis Mountain PASS
About This Property
Open mother-in-law floor plan with solid bones and many recent improvements and inspections for peace of mind, yet priced so you can make it your own. Spacious living room with fireplace, and a primary suite featuring two walk-in closets, dual vanities, and a separate garden tub and shower.
A beautifully refinished deck spans the back of the home for outdoor entertaining. Additional updates include: modern front door, fresh paint, brand-new water heater, 40 new sprinkler heads + serviced system, professional tile/grout and dryer-vent cleaning, updated backyard landscaping, roof inspection, and HVAC service.
A rare opportunity for buyers seeking space, location, and the chance to build equity with their own aesthetic updates.
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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 |
|---|---|---|---|
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Price Decreased |
$499,500
↓ $26K
(4.9%) | |
| Price Decreased | |||
| Jan 3, 2026 | Price Decreased |
$525,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Nov 27, 2025 | Listed by eXp Realty, LLC | $540,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017