29 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 |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | In contract | - | |
| In contract | |||
| Feb 7, 2023 | Listed by RE/MAX New Beginnings Realty | $200,000 | |
| Listed by RE/MAX New Beginnings Realty | |||
| | |||
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Welcome to this 150X500 (1.72 ac.) lot which has all utilities at the curb: Gas, Electric, Sewer, Water and Cable; and sits adjacent to a gated community-The Four Seasons @ Mirage. Being dead ended, there is no thru traffic. Large building envelope-perfect size for a large home & a backyard paradise!- A pool, tennis court, detached garage with workshop and on-site-storage. There is a path cut out so the lot can be walked.
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| Mar 24, 2020 | No longer available | - | |
| No longer available | |||
| Sep 29, 2019 | Price Decreased |
$169,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Ocean
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22303363
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017