22
Map
887 Scenic Way
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Sep 22, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by eXp Realty of California Inc | $625,000 | |
| Listed by eXp Realty of California Inc | |||
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Trade-In Real Estate | $575,000 | |
| Listed by Trade-In Real Estate | |||
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Welcome to 887 Scenic Way - your peaceful mountain retreat awaits! Remodeled cabin offers modern living with a close-in country feel. Full of charm & style, the interior features include new soft-close shaker style cabinets, quartz counters, new stainless-steel stove, dishwasher & microwave, luxury vinyl plank floors, new light fixtures, indoor laundry hookups, gas heaters & fresh paint. Dual pane windows give picturesque views of the surrounding redwoods, flexible outdoor space offers plenty of room for gardening, raising chickens or sitting around a fire pit - large storage area under house & new deck perfect for entertainment. Close to Highlands Park & hiking trails, 10 miles to Santa Cruz beaches & a quick commute to Silicon Valley. Super clean & move-in ready. WELCOME HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017