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New York Brooklyn 11235 Brighton Beach
18 Brighton 8th
$250,000
● House - Off Market

18 Brighton 8th

New York, NY 11235
bedrooms
1 Bed
bathrooms
1 Bath
$1,534
Est. Monthly

About This Property

Introducing 18 Brighton 8th Place! This Charming Bungalow Offers Endless Potential for Investors and Home Buyers Alike! Get Ready to Transform this Hidden Gem Into Your Dream Home. Nestled Away off Street, this Unique Property Provides a Beautiful & Cozy Retreat Accessible Only by a Lovely Walkway. Don't Miss Out on This Opportunity!
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEYL3513821)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Oct 31, 2023 Listed by Coldwell Banker American Homes $250,000
Listed by Coldwell Banker American Homes

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,077
  • Lot Size Depth Feet: 508
  • Lot Size Frontage Feet: 409
  • Total Building Area: 756
  • Gross Building Area: 756
  • Building Area: 756
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: A2

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 036400

Zoning

  • Zoning: R6

Geography

  • Account Number: 3-08668-0807
  • District: 13
  • Section: 2601
  • Parcel: 08668-0807
  • Block: 8668
  • Lot: 807
  • Municipality: BRIGHTON BEACH
  • Latitude: 40.581
  • Longitude: -73.9605

    Address

  • Full Address: 18 Brighton 8th Pl
  • Address - House Number: 18
  • Address - Street Name: Brighton 8th
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C031
  • 4-Digit Zip Code: 6364
  • Zip Code: 11235

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $363,418
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1208
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 86
  • Final Value: 248,153
  • High Value: 278,130
  • Low Value: 218,175

    Market Valuation

  • Market Total Value: $698,000
  • Market Land Value: $198,000
  • Market Improvement Value: $500,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,880
  • Assessed Land Value: $11,880
  • Assessed Improvements Value: $30,000

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2024000029881
  • Previous Sale Recording Date: Dec 07, 2023
  • Previous Sale Contract Date: Dec 05, 2023
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southern Brooklyn

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$552

Below Asking

0.02%

Average Days on Market

102

Average Home Size

1198 ft²

Average Home Age

64.3 years

Currently For Sale

213 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2733 East 12th Street, BROOKLYN, NY, 11235

$4,050 /mo

  • 2 Beds
  • 2 Baths
2733 East 12th Street #3F, BROOKLYN, NY, 11235 Listing by Jonny Borochov
Unit for rent at 2610 Ocean Parkway, Brooklyn, NY 11235

$2,299 /mo

  • 1 Bed
  • 1 Bath
2610 Ocean Parkway #3H, Brooklyn, NY 11235 Listing by Yosef
Unit for rent at 2940 Ocean Parkway, BROOKLYN, NY, 11235

$3,600 /mo

  • 2 Beds
  • 2 Baths
2940 Ocean Parkway #04D, BROOKLYN, NY, 11235 Listing by Jazmin Reyes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 18 Brighton 8th Lane built and last sold?
The property at 18 Brighton 8th Lane was built in 1940 and last sold on Jan 31, 2024 for $250,000.
How much is this home worth?
The estimated value of the home located at 18 Brighton 8th Lane is $252,500.
What are some comparable homes to 18 Brighton 8th Lane?
There are currently no comparable homes to 18 Brighton 8th Lane.
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