8506 Conway Drive
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 |
|---|---|---|---|
| Oct 14, 2026 | Listed by Real Broker | $600,000 | |
| Listed by Real Broker | |||
| Jul 21, 2025 | Listed | $600,000 | |
| Listed | |||
| | |||
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Don’t miss this Riverside retreat home! A beautifully updated 3-bedroom, 1.5-bath home tucked away in a peaceful cul-de-sac. This charming home sits on an expansive 8,712 sq ft lot and offers a seamless blend of comfort, style, and functionality. Step inside to a spacious, light-filled layout featuring tasteful upgrades throughout. At the heart of the home is a thoughtfully designed kitchen with ample cabinet space for all your storage needs. The landscaped backyard is a true oasis; complete with lemon and orange trees, fresh herbs, and plenty of room to relax or entertain.The attached 2-car garage has been creatively converted into the ultimate man cave – perfect for game nights, hobbies, or additional flex space. You’ll also find a large shed for extra storage and an extended driveway that adds convenience and great curb appeal. Whether you’re hosting a BBQ or enjoying a quiet evening under the stars, this move-in ready home offers it all – character, space, and serenity. Located near parks, schools, shopping, restaurants, and more – 8506 Conway Drive is ready to call home!
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| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Increased |
$615,000
↑ $40K
(7%) | |
| Price Increased | |||
| May 16, 2025 | Listed | $575,000 | |
| Listed | |||
| | |||
|
Don’t miss this Riverside retreat home! A beautifully updated 3-bedroom, 1.5-bath home tucked away in a peaceful cul-de-sac. This charming home sits on an expansive 8,712 sq ft lot and offers a seamless blend of comfort, style, and functionality. Step inside to a spacious, light-filled layout featuring tasteful upgrades throughout. At the heart of the home is a thoughtfully designed kitchen with ample cabinet space for all your storage needs. The landscaped backyard is a true oasis; complete with lemon and orange trees, fresh herbs, and plenty of room to relax or entertain.The attached 2-car garage has been creatively converted into the ultimate man cave – perfect for game nights, hobbies, or additional flex space. You’ll also find a large shed for extra storage and an extended driveway that adds convenience and great curb appeal. Whether you’re hosting a BBQ or enjoying a quiet evening under the stars, this move-in ready home offers it all – character, space, and serenity. Located near parks, schools, shopping, restaurants, and more – 8506 Conway Drive is ready to call home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017