83160 Tourmaline Avenue
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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Listed by Efren Mendez, Broker | $350,000 | |
| Listed by Efren Mendez, Broker | |||
| Feb 13, 2013 | Sold | ||
| Sold | |||
| Jan 17, 2013 | Listed by HomeSmart | $70,000 | |
| Listed by HomeSmart | |||
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Here is a 3 BR family home that looks to have been converted to 4 BR. There are 4 storage sheds!! AND a back gate that would be perfect for RV storage! This is not a short sale or REO, but will likely take a cash offer as there was some damage due to a water heater leak and the carpets have been removed. It most likely will NOT qualify for FHA or VA either. Home is being sold by the family of the former occupant and is being sold AS IS. This could be great for an investor as the area prices are rising quickly!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017