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8811 Sparton
About This Property
Perfect for first-time buyers, families, or investors, this Arleta property is an excellent opportunity to own a home with a sizable lot and room to grow. With its desirable layout, abundant natural light, detached double garage, and ADU conversion potential, this property is ready for its next owner to make it their own. The Price reflects the home's current condition and provides an excellent opportunity for buyers to make improvements and add value according to their own vision!
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 19, 2026 | Relisted | $699,900 | |
| Relisted | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Listed by Rodeo Realty | $699,900 | |
| Listed by Rodeo Realty | |||
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About North Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017