503 8th Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Arbor Real Estate Group | $205,000 | |
| Listed by Arbor Real Estate Group | |||
| | |||
|
Welcome to this charming 2-bedroom, 1-bathroom home with a detached 3-car garage, offering a perfect blend of comfort and convenience. The laundry room is located in the home, downstairs in a spacious bonus flex room, ideal for a home office, gym, or additional living space. The entire house has been recently painted inside and out, giving it a fresh and inviting feel.
The updated bathroom adds a modern touch, enhancing the overall appeal of the property. Located on an oversized corner lot, this home provides unlimited landscaping potential, and space for various activities, perfect for entertaining.
The detached 3-car garage is a standout feature, equipped with water and sewer hookups, making it easy to convert. Whether you envision a workshop, studio, or additional living quarters, the possibilities are endless.
| |||
| Jul 4, 2024 | No longer available | - | |
| No longer available | |||
| Jul 3, 2024 | Price Decreased |
$205,000
↓ $10K
(4.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017