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8423 Racine TRL
About This Property
The luxurious primary bathroom includes a dual vanity with black hardware, arched mirrors, a walk-in closet, and a tiled shower. Large windows with plantation shutters fill the home with natural light, while energy-efficient features enhance comfort and security.
The versatile second floor living space can be used as a second living room, play space or office space. No more lugging laundry downstairs with the laundry conveniently located near the landing.
Enjoy new flooring, paint and light fixtures throughout the home.
Outside, a spacious backyard with a fenced perimeter and patio offers a private retreat. With a new durable composition shingle roof, brick and siding exterior, and ample parking, this home is both stylish and functional. Don't miss your chance to own this stunning property-schedule a tour today! Information provided by seller & to be independently verified by the purchaser.
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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 |
|---|---|---|---|
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$465,000
↓ $34K
(6.8%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
| Apr 25, 2025 | Relisted | $515,000 | |
| Relisted | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017