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8841 Gardena Way
About This Property
From the moment you enter, the home's warmth is immediately apparent. Natural light fills the fully conditioned sunroom, creating a serene setting for enjoying panoramic views. Carefully considered upgrades throughout the home speak to years of thoughtful stewardship and pride of ownership.
Occupying its own corner of the home, the expansive master bedroom is framed by views of the pool and fruit orchard. The suite provides a sitting area, private entrance, an oversized walk-in closet, and full ensuite bath.
The property offers exceptional versatility and value. The fenced lot includes a fully flat lower section with a secondary driveway. The vast area, with full hookups-including water, sewer, and electrical service-makes it ideal for RV or boat storage today while offering intriguing possibilities for an ADU or guest house in the future.
As the striking centerpiece of the outdoor living experience, the remodeled pool and spa offer a welcome retreat year-round. With a sophisticated black-bottom PebbleTec finish and new equipment-including a heater, variable-speed pump, and DE filter-it combines timeless aesthetics with the ability to be enjoyed from day one. The generous 25'x15' maintenance-free Alumawood patio cover provides a natural gathering place just steps from the pool. Its impressive size creates a outdoor room that is equally suited to intimate evenings or celebrations with family and friends, all without the upkeep. The grounds feature water-wise landscaping and a diverse fruit orchard including: avocado, peach, orange, lemon, apple, and apricot trees.
With cream cabinetry, butcher block countertops, a walk-in pantry, and built-in shelving, the refreshed kitchen blends classic style with practical function. A tankless on-demand water heater ensures an endless supply of hot water across the home. Improvements include a newer roof, whole-house fan that draws in cool evening air, and a garage with substantial storage. The powerful solar system keeps utility costs under control.
Rarely do meaningful improvements, exceptional outdoor spaces, and future potential come together to create a home that is as practical as it is enjoyable. Don't miss the opportunity to make it yours-make an offer today!
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Listed by Elevate Real Estate Agency | $799,999 | |
| Listed by Elevate Real Estate Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017