8348 Norwalk Boulevard
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 14, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Price Decreased |
$720,000
↓ $60K
(7.7%) | |
| Price Decreased | |||
| Oct 18, 2025 | Listed by Excellence RE Real Estate | $780,000 | |
| Listed by Excellence RE Real Estate | |||
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Charming Whittier home with excellent potential! Located in a central neighborhood close to schools, shopping, and major freeways. This home features a legal 3 bedroom, 1.5 bath floor plan, plus an enclosed converted patio into additional living space. There is also an extra bedroom (buyer to verify if permitted), giving you the flexibility for a total of 4 rooms being used as bedrooms. The garage has been converted into a spacious open- concept living area with its own kitchen and bathroom -great for extended family or shared living arrangements. The main kitchen offers quartz countertops and white shaker cabinets, with matching upgrades in both bathrooms. The property also provides room to add an ADU (buyer to verify) Solar panels are leased and transferable at approximately $80 / month, offering excellent savings on electricity. A fantastic opportunity for multi-generational living or buyers looking for added space and potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017