38464 N 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by Brummel Properties, Inc. | $165,000 | |
| Listed by Brummel Properties, Inc. | |||
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by RE/MAX City | $139,995 | |
| Listed by RE/MAX City | |||
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VERY AFFORDABLE WITH ACCESS TO THE "CHAIN OF LAKES" AND FOX LAKE AS WELL! DOUBLE LOT 100X320 WITH TWO SEPARATE PIN NUMBERS. SPACIOUS KITCHEN WITH MANY CABINETS, COMPLETE NEW BATHROOM, LIVING ROOM, AND A BEDROOM. GREAT LOCATION! GORGEOUS WATERFRONT BACKYARD WITH A LARGE SHED* MANY ATTRACTIONS ALL YEAR ROUND; WATER SPORTS IN THE SUMMER, FISHING, ENJOY WINTER SKIING AT WILMOT! CLOSE TO LAKE GENEVA, STATE PARK, NIPPERSNIK, SCHOOLS, METRA, SHOPPING, AND DINING. (estate sale, sold as is). DON'T MISS THIS ONE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017