8931 Blankenship Drive
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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Listed by HomeSmart | $368,500 | |
| Listed by HomeSmart | |||
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Beautifully updated 3-bedroom, 2-bath home in the desirable Binglewood subdivision of Spring Branch! This move-in ready home blends classic charm with modern updates, featuring waterproof LVP flooring throughout, an open-concept layout, and a remodeled kitchen with statement cabinetry, stainless steel appliances, recessed lighting, modern fixtures, and a sleek island. Both bathrooms have been stylishly updated. Enjoy a huge fenced backyard with mature trees and a covered patio. Recent updates include a new roof, water heater, flooring, faucets, sinks, quartz countertops, new HVAC, fans, and fresh paint. Prime location near the Heights, Galleria, Memorial, Downtown, Lee Park, shopping, dining, and major roadways. Never flooded.
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| Oct 15, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017