8
Map
8650 S Loop 1604 E
About This Property
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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 |
|---|---|---|---|
| Dec 5, 2025 | Listed by MHOMENT Realty LLC | $240,000 | |
| Listed by MHOMENT Realty LLC | |||
| Nov 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Price Decreased |
$240,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jan 31, 2024 | Listed by MHOMENT Realty LLC | $245,000 | |
| Listed by MHOMENT Realty LLC | |||
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The 4 acres included in this listing is part of a 14-acre tract. The 14 acres includes the E&G Masonary business, plus 4 acres of vacant commercial land. This listing ONLY represents the vacant land, which is East of the Masonary business.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017