8738 Bright Avenue
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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | Listed by Kevin Du Real Estate | $760,000 | |
| Listed by Kevin Du Real Estate | |||
| | |||
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Peaceful tree lined street leading to a cul de sac offers and privacy and comfort! Home features Custom cabinetry in Kitchen and Bathrooms, Solar-ready Electrical Panel, and Energy Efficient Lighting Fixtures. Plumbing, drain-lines, and Roof were replaced within the past 6 years. Newer Windows, Doors & Hardware, Laminate Flooring, Molding throughout, Widened Concrete Driveway, Beautifully Landscaped, with Sprinklers in front and backyards, and R.V. PARKING ready. This Turnkey home is ready for move in today!
| |||
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by Gallant Realty, Inc. | $549,900 | |
| Listed by Gallant Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017