8813 Deerwood Drive
About This Property
This 3 bedroom, 2 bath home offers approximately 1,647 square feet with a functional layout, generous living spaces, and strong potential to create a modern showpiece. Whether you're looking for your next home with instant equity potential or a smart investment opportunity, the upside here is hard to ignore.
Comparable renovated homes in the area are reaching into the $300Ks+, creating an exciting opportunity for customization and value growth. The home features solid bones, a desirable floor plan, and a spacious lot ready for enhanced curb appeal and contemporary finishes.
Conveniently located near major highways, shopping, dining, and commuting routes, this property combines location, potential, and opportunity in one package.
Bring your ideas and unlock the possibilities at 8813 Deerwood Dr.
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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 10, 2026 | Price Decreased |
$209,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$219,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$229,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by All City | $239,000 | |
| Listed by All City | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017