500 8th St
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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | Listed by At Home Realty | $299,900 | |
| Listed by At Home Realty | |||
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Priced below appraisal, this property qualifies for a special loan program that comes with $3500 in pricing incentives. Turn of the century charmer on a double lot with easy access to down town, UNC and HWY 85. The home has tall ceilings and open feel between kitchen and living room with plenty of natural light. Washer dryer hook-ups. All the carpet is brand new! The fenced yard has gate for off street or RV parking and large storage shed. Don't miss the large covered patio. The roof is contracted to be replaced with class 4 shingles. Make this home yours for under $300K.
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| Oct 5, 2007 | Sold | ||
| Sold | |||
| Feb 19, 2004 | Listed | $115,000 | |
| Listed | |||
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TAKE YOUR BUYERS INSIDE AND LET THIS HOME SELL IT SELF, NICE HOME FOR THE MONEY, BRING OFFERS BUYER SHOULD VERIFIY SQ FT.
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| Jun 23, 1999 | Listed | $81,500 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017