8823 Kelburn Ave
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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%.
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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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Listed by eXp Realty of Southern California, Inc. | $725,000 | |
| Listed by eXp Realty of Southern California, Inc. | |||
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Outdoor Entertainer’s Dream on an Oversized Lot! Step into instant comfort with this turnkey 3-bed, 1-bath home on a huge 6,800 sf lot, just in time to enjoy the holidays in style. Inside, an open floor plan flows through a spacious living area with updated finishes and seamless indoor-outdoor access. Outside, the backyard is a true retreat: imagine gathering around a built-in gas fire pit, having dinner under the covered patio, enjoying lush landscaping and raised garden boxes, and letting kids - or pets - run free on real grass. In the front, a new retaining wall adds privacy and gives you extra side-yard space for RVs, boats, or other toys. The kitchen is outfitted with stainless-steel appliances, hardwood cabinetry, and granite counters. Dual-pane windows, remodeled bath, central A/C and heating, and other upgrades make this home feel fresh, move-in ready and low-maintenance. Located in lovely Spring Valley with views of the surrounding hills and mountains, this peaceful community is still close to downtown and offers great local amenities! Don’t wait...this gem won’t last long.
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| Nov 14, 2016 | Sold | ||
| Sold | |||
| Sep 21, 2016 | Listed by FOSTER HAMILTON Real Estate Co | $417,000 | |
| Listed by FOSTER HAMILTON Real Estate Co | |||
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About La Presa
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Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160052071
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