8 Testament Circle #6
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 |
|---|---|---|---|
| Jan 30, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by RE/MAX Innovative Properties | $689,900 | |
| Listed by RE/MAX Innovative Properties | |||
| Feb 11, 2022 | Listed by RE/MAX Innovative Properties | $689,900 | |
| Listed by RE/MAX Innovative Properties | |||
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At Last! Stunning ranch style home at Terrell Farm Condominium. The Devonshire style home features 3 bedrooms, 2 baths and a welcoming open concept floor plan. Vaulted ceilings and a gas fireplace in the great room lead to the very open kitchen and dining area. Large windows fill every room with sunlight. Just off the entry is an office/den or formal dining room. On one side of the home is the Main bedroom suite with a walk in closet and bath with tiled shower. Two additional bedrooms and full bath are off the great room. First floor Laundry room is just off the kitchen. Everything you need on one floor! But if more is needed look no further than the unfinished basement for future expansion. Walkout Basement!!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/11/2022
|
3 Bed
|
1 Bath
|
1935 ft²
|
$689,900
3 Bed
1 Bath
1935 ft²
|
$748,900
+8.55%
01/30/2023
|
Thomas McPherson
RE/MAX Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017