8944 Bower Ln
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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Oct 6, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by Tranquility Real Estate Services | $795,000 | |
| Listed by Tranquility Real Estate Services | |||
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Welcome to your peaceful escape in the rolling hills of Lakeside! Situated at the top of a quiet cul-de-sac, this beautifully maintained home offers sweeping panoramic views and the perfect blend of rural tranquility with urban convenience. Just minutes from major freeways, shopping, dining, and schools — yet worlds away from the bustle. This thoughtfully updated 3-bedroom, 2-bath home sits on nearly half an acre and is designed for both comfort and entertaining. The spacious backyard features a custom horseshoe pit, while a serene sitting area perched higher on the lot provides the perfect spot to unwind and enjoy golden hour sunsets. Inside, you'll find a bright and welcoming interior with modern upgrades including solid-surface countertops, custom built-ins, recessed lighting, ceiling fans, and energy-efficient touches like a whole-house fan, central heating and A/C, and paid-off solar. The oversized garage is fully insulated and climate-controlled with its own A/C—ideal for a workshop, gym, or creative space. There's also generous parking for multiple vehicles, including RV parking with electrical and water hookups. A large covered side yard offers additional storage, plus a convenient shed to keep tools and equipment neatly tucked away. If you're seeking a unique blend of country living, modern convenience, and unbeatable views — this Lakeside gem is ready to welcome you home.
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| Jul 22, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by New Leaf Realty | $499,000 | |
| Listed by New Leaf Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017