508 Old North Rd
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Listed by Molyneux Realty | $210,000 | |
| Listed by Molyneux Realty | |||
| | |||
|
Brand new Windows, Siding, and Doors. Older wood / oil furnace in need of replacement. Newer gas hot water heater. Some water damage to partial finished lower level due to sump pump failure. Main floor is in fair to average condition and serviceable. Could use updates. Title 5 has not been done but the entire system was replaced in 2012 followed by only one occupant. Should be fine. This is a good opportunity for a cash buyer who, with a little sweat equity will have a great place to start off and expand into the lower level with family room and or work area. Nearly 4 acres where the owner kept 2 horses. Small sheds out behind the house.
| |||
| Nov 28, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 22, 2023 | Price Decreased |
$169,999
↓ $25K
(12.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017