8206 Western Drive
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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%.
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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 28, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by NextHome Centurion Realty | $1,199,000 | |
| Listed by NextHome Centurion Realty | |||
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Exceptional, one-of-a-kind in the area newly built residence, offering 3,850 sqft of thoughtfully designed living space. The main floor features an expansive open concept with a seamless flow into the dining area and bar. Stunning White Oak island kitchen and a chef-inspired custom-built cabinets and walk-in pantry. Dedicated first-floor private office. The primary suite is located downstairs and features a completely custom-built closet. Upstairs, you find 3 spacious secondary bedrooms with custom-built closets, 3 full bathrooms, game room, theater or multi-purpose room. The outdoor living area flows seamlessly with a covered back porch. High-end designer fixtures and finishes with exceptional attention to details. Conveniently located near major highways, restaurants, bars, shops, and more. This home perfectly combines style and convenience, with complete foam insulation for energy efficiency. Whole house standby GENERATOR included and high-end Thermador appliance package. No HOA.
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| Feb 5, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017