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8616 Caldera Lane
About This Property
No same day showings. Tenant may be open to moving early.
Step into this modern, move-in ready home that blends contemporary open-plan living with comfortable family-friendly design. The light-filled living and dining areas flow seamlessly into the kitchen, offering sleek cabinetry, ample counter space and a layout that invites both entertaining and everyday ease. The primary suite boasts generous proportions, a large walk-in closet and dual-vanity bath, while three additional bedrooms provide flexible space for guests, a home office or hobby zone. Outside, the manageable yard and established landscape deliver low-maintenance appeal in a growing, well-situated subdivision just minutes from shopping, dining and major arteries.
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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 | Price Decreased |
$310,000
↓ $40K
(11.3%) | |
| Price Decreased | |||
| Jan 21, 2026 | Price Decreased |
$349,500
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Nov 18, 2025 | Listed by Specialized Property Mngmnt | $355,000 | |
| Listed by Specialized Property Mngmnt | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017