8428 Raylin Drive
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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%.
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Rob Adams Properties, Inc. | $1,249,000 | |
| Listed by Rob Adams Properties, Inc. | |||
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Welcome to this beautifully updated ranch in highly coveted Spring Valley Village! As you enter, you're greeted by a bright open foyer with an elegant dining room on your left. The spacious floor plan is bathed in natural light, from the large windows that invite the outdoors in. The kitchen features exquisite marble countertops, custom cabinetry & a breakfast bar—perfect for casual meals or entertaining guests. The primary suite is a true sanctuary, boasting a luxurious bathroom with dual vanities, marble countertops, a large shower & separate soaking tub, along with a generous walk-in closet. Each additional bedroom is generously sized with spacious closets. Step outside to a backyard paradise! The pool, just steps away from the expansive covered patio, is surrounded by lush green space. Additional highlights include a two-car attached garage, hardwood floors throughout the living areas & bedrooms, and is walking distance to Valley Oaks Elementary.
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| Jul 1, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Compass RE Texas, LLC | $1,095,000 | |
| Listed by Compass RE Texas, LLC | |||
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Thoughtfully updated home mid-block in the heart of Spring Valley! This 4/3 home sits on a sprawling lot w/ pool, covered patio & plenty of green space. Once you enter the home, you will find beautifully refinished hardwoods throughout, a light-filled formal dining & the renovated kitchen (2019-2020)* that boasts gleaming marble countertops w/ subway backsplash, custom cabinetry, a breakfast bar with storage and SS appliances. It graciously opens to the brkfst area & family rm. Lovely primary suite brings in soft, natural light. Large renovated bath (2019-2020)* walk-in closet & bath including dual vanities, marble countertops, custom cabinetry, stunning hardware, large shower with bench seating and a soaking tub. Secondary bedrooms are amazingly spacious with large closets. Secondary baths have been updated (2019-2020)* Tons of updates including new water heater, refinished hardwoods, new sewer line, interior paint, lighting and many more. Walking distance to the VOE bridge!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017