8825 COBB ROAD
About This Property
Out back, the property borders natural vegetation, providing added privacy with no immediate backyard neighbors. The home also has a well that is connected but is not currently being used. An attached propane tank supplies the dryer, stove and oven, water heater, and furnace.
With flexible living space, abundant storage, metal roofs on both buildings, and a detached block building offering so many possibilities, this property provides a unique opportunity for a buyer looking for more than just a traditional home.
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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 26, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Listed by MICHAEL HARRIS REALTY | $450,000 | |
| Listed by MICHAEL HARRIS REALTY | |||
| Nov 7, 2015 | Sold | ||
| Sold | |||
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About Gibsonton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017