440 Eighth 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 |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | In contract | - | |
| In contract | |||
| Feb 28, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $999,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Jun 13, 2016 | Sold | ||
| Sold | |||
| Jan 12, 2016 | Listed by BHG Rand Realty | $575,000 | |
| Listed by BHG Rand Realty | |||
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Lovely home features a spacious entry with a large living room opening to a formal dining room. The updated working kitchen with great counter space is convenient for entertaining. Hall bath is full and updated. An over-sized family room with an electric fireplace is great for lounging and large gatherings with sliders for backyard barbecues. Second level offers a very spacious master bedroom with room for walk in closet or a master bath. There are three additional rooms and a new hall bath with a shower. Additional features are bessler stairs to full stand up attic. Basement is full with laundry. Property is leveled and fenced. Taxes are before STAR.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017