214 N 8th Street
About This Property
This property offers excellent potential for the right buyer. While the home is in need of repairs and full renovation, it is priced accordingly to reflect its condition. Ideal for investors or buyers looking to customize and restore.
The lot includes a 20x18 metal storage building on a slab in good condition-perfect for equipment, tools, or additional storage.
Situated on a spacious lot with mature trees, this property offers room to transform it into a comfortable residence or profitable investment. Sold as-is. No repairs will be made.
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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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Price Decreased |
$110,000
↓ $10K
(8.3%) | |
| Price Decreased | |||
| Aug 20, 2025 | Price Decreased |
$120,000
↓ $10K
(7.7%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Griffith Real Estate Services | $130,000 | |
| Listed by Griffith Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017