1039 8th Street
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by LAKE O REAL ESTATE, LLC | $239,000 | |
| Listed by LAKE O REAL ESTATE, LLC | |||
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~A MUST SEE WATERFRONT PROPERTY~ Located in Buckhead Ridge this open concept 3 bedroom/ 2 bath home has been tastefully updated. The kitchen has new cabinets with solid countertops and stainless steel appliances.There is new flooring throughout the home. Master bedroom features its own deck for watching the beautiful sunsets and a huge walk-in closet with another addition room added for storage. Metal roof 2 yrs old, Newer AC with warranty, new plumbing throughout and an 8 X 12 shed. Brand new seawall and 65ft dock. What else could you ask for? Call for your appointment today! All measurements are approximate.
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| Apr 22, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2021 | Listed by RE/MAX Elite | $149,900 | |
| Listed by RE/MAX Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017