3720 8th Avenue SE
About This Property
Perfectly suited for multi-generational living, this unique property boasts two remodeled kitchens-one on each level-offering unparalleled flexibility and privacy for hosting guests or accommodating extended family.
Step outside to your personal retreat: a screened-in pool with a spa and waterfall and outdoor shower, perfectly framed by lush natural surroundings. The second-floor balcony connects to multiple rooms and overlooks the pool, creating an inviting space to relax and take in the tranquil views.
The home's second floor showcases vaulted ceilings, while the bathrooms feature elegant decorative tile. Hi-hat lighting throughout enhances the home's modern aesthetic. With no HOA fees, this property combines luxury, functionality, and freedom.
A rare gem that blends modern luxury with the tranquility of nature-don't miss out on making it yours!
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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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Price Decreased |
$765,000
↓ $100K
(11.6%) | |
| Price Decreased | |||
| Feb 20, 2025 | Price Decreased |
$865,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Dec 29, 2024 | Listed by Your Home Sold Guaranteed Rlty | $895,000 | |
| Listed by Your Home Sold Guaranteed Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017