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8265 Balsa
About This Property
Inside, a big open living room and kitchen create an easy flow for everyday living and gatherings. Granite countertops, a ceiling mounted range hood, and plenty of workspace make the kitchen both functional and stylish. Solid surface flooring runs throughout the home. The living room features built in surround sound with an outside zone and a modern rock faced natural gas fireplace. Natural gas, evaporative cooler, and central heat and air keep the home comfortable year round.
A large laundry room provides extra storage and convenience. Outside you'll also find RV parking with water and 30amp hookups. A new roof was installed in 2020 and the home has been updated to feel modern and current. As an added bonus, the seller will connect the property to sewer at no cost to the buyer. Blown in insulation and new ductwork in 2012.
Ready for its next chapter of outdoor living and easy entertaining.
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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%.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by Coldwell Banker Roadrunner Realty | $575,000 | |
| Listed by Coldwell Banker Roadrunner Realty | |||
| May 28, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Coldwell Banker Roadrunner | $349,900 | |
| Listed by Coldwell Banker Roadrunner | |||
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This is the entertainer’s dream home! This home has been completely remodeled with granite counter tops, ducted Master Cool and A/C, RV Parking with hook ups, an open floor plan and a backyard you’re sure to fall in love with. You’re greeted with a circular driveway, a covered front patio and mature desert landscape. The kitchen, dining area and living room all flow together seamlessly. The remodeled kitchen has ample counter space and cabinets, a walk in pantry and a double drawer dishwasher. You can enjoy the cool desert winters in front of the gas burning fireplace in the living room. The hall bathroom has beautiful tile work in the shower/tub combo. The master suite has two closets, a large window to let in the natural light, vessel sink in the bathroom and a glass door walk in shower. The large laundry room has plenty of storage cabinets and tile flooring. The backyard is fully fenced and divided into two sections, the large covered patio area and the side yard and the second section encloses the pebble tech salt water pool and in ground spa.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017