8963 Cartwright Drive
About This Property
savvy homeowners. Featuring a spacious layout and a rare, oversized covered carport that comfortably fits up to 3
vehicles, this home is ideal for multi-generational living, rental income, or long-term appreciation. This property is
ready for your personal touch or updates. The lot provides room to grow, and the covered parking is a major bonus in high-demand rental markets.
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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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$145,000
↓ $3K
(2%) | |
| Price Decreased | |||
| Feb 14, 2026 | Price Decreased |
$148,000
↓ $7K
(4.5%) | |
| Price Decreased | |||
| Jan 29, 2026 | Relisted | $155,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017