8897 Baseline Rd
About This Property
Looking for the perfect property that balances space, comfort, convenience and lifestyle? This sprawling home on 2.24 acres is ideal for horse lovers and families looking for room to grow! This 3 bedroom, 2.5 bathroom home has incredible potential, and this is your last opportunity to grab it at the current price before we take it off the market for remodeling. Buying it now at a lower price enables you to customize renovations to your taste, and watch your investment grow in value. If property is not under contract by Sunday, March 23rd, property will be removed from MLS and stunning remodel starts Monday!
Why wait? Buy now and make it your own-before the price goes up! Schedule your showing today!
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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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Price Decreased |
$1,045,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Mar 9, 2025 | Price Decreased |
$1,049,795
↓ $21K
(1.9%) | |
| Price Decreased | |||
| Feb 22, 2025 | Price Increased |
$1,070,595
↑ $26K
(2.5%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017