11
Map
8311 Soft Winds Drive
About This Property
There are currently nine APN's available for sale in total. Five of these are buildable lots, while the remaining four lots are designated for a street, greenery, and walking trails to be donated. For context, the existing homes in the community typically range from 3,000 to 4,000 square feet, though there are larger houses in the area as well. All lots to be sold together. List price includes the nine lots.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$1,990,000
↓ $110K
(5.2%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$2,100,000
↓ $395K
(15.8%) | |
| Price Decreased | |||
| Aug 2, 2026 | Listed by The Oppenheim Group | $2,495,000 | |
| Listed by The Oppenheim Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017