8618 Highway 6
About This Property
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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 |
|---|---|---|---|
| Aug 24, 2026 | Listed by Keller Williams Signature | $630,000 | |
| Listed by Keller Williams Signature | |||
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by BHGRE Gary Greene | $499,900 | |
| Listed by BHGRE Gary Greene | |||
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Amazing property - so peaceful and serene! Almost 1 full acre with home set back from the road.
Circle drive with electric gates on each entrance. Enjoy the back yard paradise - pool, bayou,
trees & privacy! No HOA! Plenty of parking for RV, boat, etc.! This amazing property features the
primary suite down and game room and 3 or 4 bedrooms upstairs! Gourmet kitchen with 2 ovens,
professional gas range, stainless appliances & more! Office, large family room and great eat-in
kitchen! Attached garage with additional storage and separate garage or workshop on other side of
home! Indoor parking for 6+ vehicles! Amazing curb appeal with stone facade and stone fence! Yes - you can get to the bay/gulf from this waterway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017