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8217 Cabernet Lane
About This Property
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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 7, 2026 | Price Decreased |
$670,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Penny Salter Properties | $685,000 | |
| Listed by Penny Salter Properties | |||
| Jul 30, 2017 | Listed | $535,000 | |
| Listed | |||
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Quality David Weekley, free standing home, with first floor living, & within a gated community. Zoned to exemplary SBISD schools: Valley Oaks, Spring Branch Middle(w/transfer letter*), & Memorial High *Buyer to verify*. Meticulously maintained community offers extra parking for guests & a community pool for Lynnview Manor residents. First floor living, & all beds upstairs plus game room (potential 4th bed). Spacious side yard & back yard groomed with artificial turf. Wood blinds throughout. The manager has listed the unit size as 2536 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017