392 E 8th Street #1
About This Property
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 23, 2024 | Price Decreased |
$495,000
↓ $14K
(2.8%)
|
|
Price Decreased | |||
Sep 3, 2024 | Listed by Realty Advisors | $509,000 | |
Listed by Realty Advisors | |||
Nov 6, 2018 | Sold to Casey Marini | $327,000 | |
Sold to Casey Marini | |||
Jun 30, 2005 | Sold to Stephanie J Perella | $209,000 | |
Sold to Stephanie J Perella |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/28/2019
|
2 Bed
|
1 Bath
|
933 ft²
|
$639,000
2 Bed
1 Bath
933 ft²
|
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