3740 8th Place
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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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Douglas Elliman Florida LLC | $699,000 | |
| Listed by Douglas Elliman Florida LLC | |||
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A showstopper! $200K whole house reno by Von Barkley! New custom travertine pool, fencing, landscape + enormous covered lanai! Details make the difference: custom pantries, furniture-grade cabinets, timeless + elegant fit + finish. And that outside space! Fenced point lot at end of cul de sac = absolute privacy w/large green space for pets or play. Custom-crafted primary suite open to rear w/CA closets, custom shower wall of cabinetry + tile work! New gutters + impact glass, handsome plantation shutters + lighting design. Ideal locale in coveted Laurels w/laid back vibe, nominal HOA!
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| May 26, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Compass Real Estate Group, Inc | $519,900 | |
| Listed by Compass Real Estate Group, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017