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8603 Braes River Drive
About This Property
Another standout feature is the low property tax rate and low annual HOA dues, helping keep long-term ownership costs affordable. With its unbeatable location, excellent accessibility, and tremendous upside, this property presents a rare opportunity to add value in an established neighborhood. Don't miss your chance to unlock its full potential! Property is being sold AS IS.
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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 30, 2026 | Listed by KingFay Inc | $230,000 | |
| Listed by KingFay Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017