8493 Monroe Way
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Dec 1, 2025 | In contract | - | |
| In contract | |||
| Nov 25, 2025 | Listed by RE/MAX Northwest Inc | $350,000 | |
| Listed by RE/MAX Northwest Inc | |||
| | |||
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You'll love this beautifully renovated, top-to-bottom home featuring 3 bedrooms plus an office and 2 fully upgraded bathrooms. Step inside to an all-new kitchen with brand-new appliances, quartz countertops, and stylish finishes, complemented by new flooring throughout and fresh interior paint. The spacious, open floorplan offers comfortable living and effortless flow. Outside, enjoy a fenced backyard with a utility shed for extra storage, plus a corner lot with a 2-car concrete driveway and additional side yard space ideal for extra parking or outdoor use. Exterior upgrades include newer windows with a 20-year transferable warranty, a newer roof, and fresh exterior paint. Conveniently located near highway access, shopping, and schools, with added community amenities including a clubhouse and playground.
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| Nov 5, 1996 | Sold | ||
| Sold | |||
| Dec 19, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017