394 8TH Street
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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 |
|---|---|---|---|
| May 18, 2023 | Listed by PETRA MANAGEMENT INC. | $2,195,000 | |
| Listed by PETRA MANAGEMENT INC. | |||
| Oct 16, 2013 | Sold | ||
| Sold | |||
| Mar 27, 2013 | Sold | ||
| Sold | |||
| Mar 23, 2013 | Listed by PETRA MANAGEMENT INC. | $349,000 | |
| Listed by PETRA MANAGEMENT INC. | |||
| Jul 11, 2007 | Listed by MAGNOLIA PROPERTIES | $457,000 | |
| Listed by MAGNOLIA PROPERTIES | |||
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Beach cottage in an ideal location, next to 3 parks, the beach, town center and AB school. Walk and ride your bike everywhere you'd want to go. Beautiful lot and yard with very large, historic live oak tree. Cherry floors, custom bookshelves in a charming, cozy home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017