8807 Brae Ridge
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 |
|---|---|---|---|
| May 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 15, 2026 | Price Decreased |
$399,000
↓ $18K
(4.3%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$417,000
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by Keller Williams Heritage | $434,900 | |
| Listed by Keller Williams Heritage | |||
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Move-In-Ready 4-Bedroom Home with Solar, wired for EV Charger Wiring & Gated Community Amenities This beautifully maintained 4-bedroom, 2.5-bath home offers a spacious open-concept layout with the kitchen overlooking the family room-ideal for everyday living and effortless entertainment. Warm wood flooring flows throughout, creating a welcoming, cohesive feel. Thoughtfully improved for comfort, efficiency, and peace of mind, this home includes: * 220-volt wiring for EV charger (installed 2023) * Solar panels were added in 2023 for energy efficiency and savings * Tankless water heater (2020) * Roof (2017) * Foundation update completed in 2020 * Water softener (2012) * Refurbished HVAC system (2024; originally installed 2020) * Updated flooring and bathrooms (2012) * Backyard hose bib with hard water-ideal for landscaping , just minutes from Loop 1604, the Medical Center, and major commuting routes, this home offers both convenience and calm. The quiet, gated community features a neighborhood pool, and families will appreciate the two walking paths leading directly to the elementary school. Close to everyday essentials, shopping, and dining, this home delivers the rare combination of efficiency, location, and lifestyle-without compromise. Move-in ready and thoughtfully maintained. Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017