40 8th Avenue
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 |
|---|---|---|---|
| May 13, 2015 | Sold | ||
| Sold | |||
| Feb 21, 2014 | Listed by eXp Realty | $139,900 | |
| Listed by eXp Realty | |||
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Best deal in town! Move-in ready three bedroom home on large well landscaped lot. Many updates include newer paint, carpet, refinished shining hardwood floors and bathroom tile. Mechanically updated too with newer heating system, hot water, electric, roof and windows. Ample off-street parking, gated and fenced yard with garden areas. A screened covered porch area overlooks yard. The full basement with a laundry area has shelving for ample storage and also a 1/4 bath. Seller will offer buyer a credit to cover costs of exterior paint or siding due to the current winter season and snow. This very solid home is ready for a new owner. Very easy to show. Set up your showing today; this home will sell quickly as it is priced right. All kitchen appliances plus washer and dryer are included. Close to 495 exits, downtown amenities and offers easy access to tax free shopping in NH. This is neither a short sale nor is it bank owned.
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| Jan 11, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017