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8534 Phlox Drive
About This Property
The kitchen is positioned at the center of the home, connecting multiple gathering spaces including a comfortable living room with fireplace, a dedicated dining area, and an oversized secondary living space that opens up a range of possibilities. Whether you need a media room, game room, home office, multigenerational living area, or are exploring the potential for a future ADU conversion, this space gives buyers options that are difficult to find in many homes throughout the tract.
New carpet has been installed in the main living areas, while the bedrooms feature rich hardwood flooring that adds warmth and character. Inside laundry adds convenience, and the timeless combination of brick and siding creates curb appeal that has remained popular through the years.
Outside, mature landscaping provides year-round color and a welcoming first impression. The corner lot offers additional outdoor space and flexibility for future improvements.
One of the advantages of living in the Flower Tract is the neighborhood itself. Dysinger Elementary School is located within the tract, making school drop-offs and pickups simple for many residents. Also located within the neighborhood is a community park featuring a swimming pool, playground, handball courts, youth sports programs, summer concerts, seasonal city events, and more. Residents also enjoy a newly completed paved walking and running path along the greenbelt, complete with benches and gathering areas that have quickly become a favorite neighborhood feature.
If you're looking for a move-in ready home with multiple living spaces, a large corner lot, and a location that encourages an active community lifestyle, 8534 Phlox Drive deserves a closer look.
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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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by Keller Williams Pacific Estate | $899,999 | |
| Listed by Keller Williams Pacific Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017