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84607 Searles Street
About This Property
The property features an enclosed patio at the rear of the home with a walk in shower, providing additional functional space. The garage has been modified with a sliding door facing the front yard, creating flexible use potential. Workshop inside Garage. There is also a custom carport that accommodates one truck and one car.
Major upgrades include a quality roof installed approximately three years ago with an estimated remaining life of about fifteen years. The home is equipped with a natural gas powered backup generator, offering peace of mind during power outages.
Exterior amenities include RV access with full hookups including water, electric, and sewer. The expansive backyard provides an additional carport and a workshop with electrical outlets, ideal for projects, storage, or hobby space.
This property is eligible for FHA, VA, USDA, and conventional financing. A versatile and well cared for home with unique features and strong utility value.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | Listed by Rise Realty | $79,999 | |
| Listed by Rise Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017