1
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8892 Hoffing Avenue
About This Property
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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 30, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by First Team Real Estate | $1,100,000 | |
| Listed by First Team Real Estate | |||
| Sep 16, 2025 | Price Decreased |
$1,034,900
↓ $100
(0%) | |
| Price Decreased | |||
| Aug 22, 2025 | Listed | $1,035,000 | |
| Listed | |||
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Centrally located and beautifully updated, this 4-bedroom, 2-bath home is move-in ready with all the right improvements. The remodeled kitchen features modern finishes and flows seamlessly into the living areas, while both bathrooms have been tastefully renovated. Hardwood floors run throughout, complemented by recessed smart lighting. Major upgrades include a newer roof (2022), water heater, and A/C for peace of mind. The backyard offers a covered patio and mature fruit trees—perfect for relaxing, entertaining, or enjoying homegrown treats. With paid solar, you’ll love the energy savings. A wonderful blend of comfort, convenience, and style!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017