420 8TH AVENUE
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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 16, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by BHHS Fox & Roach-Washington-Gloucester | $199,900 | |
| Listed by BHHS Fox & Roach-Washington-Gloucester | |||
| Feb 6, 2015 | Sold | ||
| Sold | |||
| Jul 23, 2014 | Listed by ERA Statewide Realty-Medford | $49,900 | |
| Listed by ERA Statewide Realty-Medford | |||
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1 1/2 Story 2 bedroom bungalow located on a nice size lot 2 main floor bedrooms but upper level room could easily be a third bedroom, game room or family room, large driveway and 1 car detached garage. Property needs work but could be a nice home. Worth a look!! Property being sold As Is buyer responsible for any and all Lender or Township required repairs, inspections and certifications including the C.O.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017