8308 VANCE Place
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by The Real Estate Power Houses | $170,000 | |
| Listed by The Real Estate Power Houses | |||
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Lower Valley Single-Level Three Bedroom Home Featuring Refrigerated Air, Updated Windows, And Tile Flooring Throughout, Set On A Spacious Gated Lot. Conveniently located just 11 minutes from the Border Highway and only half a mile from Marion Manor Park. Welcoming front porch entry opens to a formal living and dining room. The spacious country-style kitchen offers plenty of room for a breakfast area or work island. Zoned master bedroom includes three closets and a private ¾ bath, while two additional bedrooms share access to a 2nd bath. Improvements include exterior restucco and paint (2018), added two-car carport (2018), and upgraded electrical panel with breakers. Property also offers an insulated TuffShed with electricity, plus an additional shed on a cement slab with power. Ceiling fans, attached storage room. Neighborhood gas line replacement completed in 2019, and the main water line from meter to house replaced with PVC.
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| Sep 28, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by Century 21 The Edge | $115,000 | |
| Listed by Century 21 The Edge | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017