8420 BATES DRIVE
About This Property
Professionally painted and new carpet enhance the home's appeal throughout. The custom kitchen is a pleasure to show off with quartz countertops and stainless-steel appliances, offering both versatility and sophistication.
Relax in the expansive living room, perfect for unwinding after a busy day. The spacious primary bedroom on the upper level includes a private full bathroom and ample closet space.
Conveniently park your vehicles in the oversized two-car attached garage. Enjoy summer gatherings in the large, fully fenced backyard, ideal for entertaining, grilling, and relaxation.
Located close to dining, shopping, and entertainment, with easy access to major routes, this home offers the perfect blend of comfort and convenience. Schedule your tour today to experience everything this remarkable home has to offer!"
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Relisted | $624,900 | |
| Relisted | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by Keller Williams Flagship | $624,900 | |
| Listed by Keller Williams Flagship | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017