8636 Rancho Cerona Drive
About This Property
The remodeled kitchen anchors the home, while laminate flooring runs through the living room, hallway, and all four bedrooms. The primary bedroom features a custom wall-to-wall closet with built-in dresser drawers, and additional touches include new bedroom doors, stylish sliding barn doors, new windows, shutters throughout, and a newer insulated garage door. The home was painted a few years ago and offers central A/C and heating for year-round comfort.
The private backyard is designed for entertaining, featuring a large covered patio, a cozy fire pit area, and plumbing with hot and cold water plus a sewer drain ready for a future BBQ island. The yard has been fully cemented with drainage to the front yard to help prevent flooding. Fourteen privacy trees provide added seclusion from Somerset Blvd., and a cinder block wall and dual gate allow both privacy and easy backyard access. Additional highlights include attic and above-garage storage, generous street parking, and the flexibility to use the two-car garage as extra living or hobby space.
This well-maintained home offers privacy, practicality, and a great space to gather and entertain.
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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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Listed by Keller Williams Pacific Estate | $885,000 | |
| Listed by Keller Williams Pacific Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017