8793 Railroad Ave
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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by AARE | $725,000 | |
| Listed by AARE | |||
| Mar 19, 2025 | Listed | $755,000 | |
| Listed | |||
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SELLER MOTIVATED. Don't miss this adorable hidden gem! If you value privacy, this is the house for you! Nestled on a private road shared with just one neighbor, away from the main street. Recently remodeled with modern upgrades, including a brand-new roof, a fresh coat of paint inside and out, new hybrid vinyl flooring, carpet, baseboards, vanities, toilets, faucets, mirrors, lights, doors, and new fan in each bedroom, along with updated outlets and light switches. The gourmet kitchen features new soft-close cabinets, engineered stone countertops, and brand-new stainless-steel appliances. This one-story home has access to the side yard for a potential ADU addition. This light, bright, and open floor plan is move-in ready and located close to Santee Lakes, Walker Preserve Trail, golfing, shops, restaurants, and freeways 52 and 67. Don't miss this adorable hidden gem! If you value privacy, this is the house for you! Nestled on a private road shared with just one neighbor, away from the main street. Recently remodeled with modern upgrades, including a brand-new roof, a fresh coat of paint inside and out, new hybrid vinyl flooring, carpet, baseboards, vanities, toilets, faucets, mirrors, lights, doors, and new fans in each bedroom, along with updated outlets and light switches. The gourmet kitchen features new soft-close cabinets, engineered stone countertops, and brand-new stainless-steel appliances. This one-story home has access to the side yard for a potential ADU addition. This light, bright, and open floor plan is move-in ready and located close to Santee Lakes, Walker Preserve Trail, golfing, shops, restaurants, and freeways 52 and 67.
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| Nov 27, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017