9628 Albion Ln
About This Property
2020 Installed Heavy Duty Slatwall Garage Organizer. * 2020 applied Epoxy floor covering in entire garage. * 2020 Installed New Age Bold Series Garage Organizer & storage cabinets 8 PC * 2023 Installed MonsterRax Overhead Garage Storage racks * 2019 expanded rock retaining wall, mature fruit trees, and grape vines. * 2019 Water Spigot added * 2020 upgraded Sprinkler controller to Rachio 3: 8 Zone Smart Sprinkler Controller * 2022 Security Storm Door to Front Door * 2023 Installation of REME*HALO in Duct Air Purifier system IAQ Ionizer * 2019 Installation of Honeywell Entire Home Fan * 2022 Installation of Lorex N882A388 32 Channel 4K 2X4TB IP Ultra HD Pro Series Security System NVR, w/ 11 cameras * 2018 Installation of Leviton smart home switches * Cedar fence water sealed * 2019 All interior can lights upgraded to Philips Wiz Wi-Fi Smart Lighting * 2022 exterior garage lights upgraded to Philips Hue Bulbs 2018 Installation of remote-controlled ceiling fans *2018 Installed Eco Bee Pro Smart thermostat * 2019 Installed concrete walkway along garage *2020 built 2 exterior sheds w electrical, *Completed building Desk and storage in the Tech Center, with Dual Computer stations.
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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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Relisted | $517,000 | |
| Relisted | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$517,000
↓ $33K
(6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017