36
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8320 Carranzo DR
About This Property
The formal dining room makes its own statement, with hand-finished plaster walls, twin gold starburst fixtures, and a live-edge centerpiece bowl atop a blackened wood table. The kitchen centers on a waterfall quartzite island beneath brass pendant lighting, flanked by a professional range with red-knobbed burners, a built-in refrigerator, and a butler's pantry with wine storage tucked behind an archway. A curved-window study with built-in cabinetry and a wood pedestal desk offers a quiet spot to work, while the primary suite unfolds into its own bay-window sitting area, a soaking tub beneath a vaulted ceiling, and a glass-enclosed steam shower. His and her closets are outfitted with custom cabinetry and built-in lighting throughout, plus a center island, rolling ladder, and glass display cases for the ultimate in organized storage. Additional bedrooms carry their own personality, from a wood-slat accent wall to black board-and-batten trim, each paired with a well-appointed bath.
Outside, the covered patio extends the living space with a stone fireplace, built-in grill, and a raised spa that spills into the pool below, all framed by iron fencing and mature oaks. A three-plus car garage with built-in storage and a walk-through laundry room round out the floor plan.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$3,500,000
↓ $125K
(3.5%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Real Broker, LLC | $3,625,000 | |
| Listed by Real Broker, LLC | |||
| Sep 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 10, 2022 | In contract | - | |
| In contract | |||
| Jul 18, 2022 | Price Decreased |
$2,675,000
↓ $225K
(7.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017