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8608 Elderberry Court
About This Property
seeking comfort, convenience, and a location close to outdoor recreation. Ideally situated near Joe Pool Lake and Cedar Hill
State Park, this home provides easy access to opportunities for boating, fishing, hiking, picnicking, and enjoying the beauty
of nature. Whether you're a first-time homebuyer, looking for a place to grow, or simply seeking a home with convenient
access to everyday essentials and outdoor activities, this property offers a great opportunity to make it your own. Enjoy the
Continued... See Addendum Property Description 1
Listed By
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Cap Rate Calculator
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 30, 2026 | Price Decreased |
$285,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Oct 15, 2026 | Listed by Mark Spain Real Estate | $290,000 | |
| Listed by Mark Spain Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017