216 8th
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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by Compass New Jersey, LLC-Hoboken | $1,699,000 | |
| Listed by Compass New Jersey, LLC-Hoboken | |||
| Jun 28, 2025 | Listed | $1,750,000 | |
| Listed | |||
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Located on a quiet street, this well-maintained custom colonial offers approximately 3,700 square feet of living space with thoughtful details throughout. A standout feature is the circular staircase surrounded by windows, creating a bright and open feel. The home also includes custom moldings, hardwood floors, and five balconies off the family room, dining room, primary bedroom, and two additional bedrooms. This home also comes with a convenient central vacuum system. The first floor features a two-story entry with marble floors, a living room with cove lighting and double sided gas fireplace, a large family room with a bay window and balcony, a spacious kitchen with center island, and a formal dining room with access to a balcony. Upstairs, the primary bedroom includes a private balcony and a renovated bathroom. Three additional bedrooms and two updated full bathrooms complete the second floor. The ground level offers a flexible space that includes a home office, storage, and a bright entertainment room with 14-foot ceilings, new carpeting, and sliding doors to a private patio and access to the unique private yard in 3 levels!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017