8701 CATHEDRAL WAY
About This Property
Welcome to your spacious retreat nestled in the serene Flower Hill neighborhood! This charming single-family home offers four bedrooms, perfect for accommodating families of any size. With 2.5 bathrooms, including a primary ensuite, convenience and comfort are paramount.
Step inside and be greeted by an inviting open floor plan, seamlessly connecting the kitchen and living room, ideal for gatherings and everyday living. The expansive kitchen features ample counter space, and a breakfast bar, making it a chef's dream.
Natural light floods the interior, enhancing the warm ambiance and highlighting the tasteful finishes throughout. You'll find plenty of closet space, ensuring storage is never an issue.
Situated on a large lot, outdoor possibilities abound. Whether it's hosting summer barbecues, gardening, or simply enjoying the fresh air, the backyard offers a screened back porch and endless opportunities for relaxation and recreation.
Conveniently located near Nike Missile Park, outdoor enthusiasts will appreciate easy access to green spaces for leisurely strolls, picnics, or sports activities.
Don't miss the chance to make this delightful home yours and experience the perfect blend of comfort, convenience, and community living!
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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 29, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Relisted | $627,000 | |
| Relisted | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by McEnearney Associates, Inc. | $627,000 | |
| Listed by McEnearney Associates, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017