8799 Independence Way
About This Property
Upstairs you'll find 3 bedrooms, including a generously sized primary suite with ensuite bath and walk-in closet, two bright guest suites and additional full bath. Downstairs offers endless potential, featuring a large storage room or workshop space, and a nonconforming bedroom. You will love the private and fenced back patio and yard, overlooking greenspace.
Homebuyers will love this home because it is move-in ready at a low price, and investors will love this home because of the ideal floorplan with 3 beds up, and ideal location. The price point, condition, and location make this home a truly remarkable find!
* New Water Heater 2021
* New Washing Machine 2023
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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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$650,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$655,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by Coldwell Banker Realty 24 | $660,000 | |
| Listed by Coldwell Banker Realty 24 | |||
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**$10,000 PICE IMPROVEMENT** Imagine living on Pamona Lake and being less than a half mile from Standley Lake!
Fantastic trails, mountain views, great eateries and a pool & playground all outside your door.
This fully remodeled 5-bedroom, 3-bathroom home offers stylish, versatile living. The expansive primary suite features three walk-in closets, with two additional bedrooms upstairs. The main floor is perfect for entertaining AND main floor restroom & laundry.
The finished basement adds a great hangout space plus two extra rooms - perfect for a flex space, office, or guest rooms.
Enjoy a bright, open kitchen with soft-close cabinets, "Lucastone" quartz counters, stainless steel appliances, and a breakfast bar, plus a cozy living area with fireplace, new flooring, and windows throughout.
The beautiful backyard backs to a greenbelt and features a new concrete patio, fence, and Xeriscaping. Tucked in a private cul-de-sac with a 2-car garage, storage shed, and extra parking, this home has it all!
Located blocks from Standley Lake, trails, and top dining, and part of "The Pond" community with private pool, tennis courts, and playground and gorgeous walking paths around Pamona Lake.
Updates include: New floors and carpet throughout, a new electrical panel, newly poured concrete patio, brick walkway, newer roof, mini splits for A/C & more.
Don't miss this incredible home-schedule a tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017