8653 Backstretch Path
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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by eXp Realty | $409,900 | |
| Listed by eXp Realty | |||
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Tremendous opportunity to own this beautiful ranch home in one of Cicero's most sought after communities. This 3 bedroom 2 full bath home in Gulfstream has been well cared for and needs nothing! From the minute you walk in the front door you'll be impressed by the oversized living room with a gas fireplace that is wide open to the kitchen and dining area. The kitchen offers an island/breakfast bar and ample counter and cupboard space. Adjacent is the large dining area which leads to the heated "Florida Room" offering an additional 320 square feet of living space. This large space offers year round enjoyment and leads to the deck and back yard. The two guest bedrooms and the primary suite are located on this level and offer ample space for friends and family. With a mudroom garage entry and 1st-floor laundry, this home offers everything you need for 1-floor living. Updates/amenities include new windows, 200 amp electric with generator backup, glass block windows, hardwood flooring, new Trex decking, shed, partially fenced yard and more. Act quickly and you could be in for the Holidays!
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| Jul 9, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017