8566 SE 156TH PLACE
About This Property
This is BETTER than NEW! It has added ceiling fans in all 3 bedrooms and living room and a garage door opener (still in box.) - 2023 built - Spacious split bedroom, open floor plan. House has upgraded wood cabinets throughout, STAINLESS STEEL appliances (including LARGE REFRIGERATOR,) mini-blinds insert in the rear door leading to an EXPANDED 8' x 20' LANAI. LOT is larger than average lot: 100 x 125.
HD beveled edge counters, wood look TILE in wet areas, TRAY CEILING with crown molding in primary bedroom, Separate tile shower w light in Primary en-suite bath, and a TAEXX in-wall pest control system. MUST SEE to APPRECIATE!
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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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Price Decreased |
$299,000
↓ $14K
(4.3%) | |
| Price Decreased | |||
| Mar 21, 2025 | Price Decreased |
$312,500
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Mar 2, 2025 | Relisted | $315,000 | |
| Relisted | |||
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017