607 8TH ST
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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 23, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by BHHS Fox & Roach-Moorestown | $139,900 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
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Spacious Rancher with a 2nd Floor Dormer can be used as a 4th Bedroom or Den Featuring 2 Large Storage Closets with Plenty of Room to add an additional Bath if Desired - Kitchen includes a Granite Counter Top & Stainless Steel Gas Range & Deep Sink, Pendant Lighting, Ceramic Tile Flooring & Dining Area Overlooking the Tranquil Back Yard - Bathroom has a New Stand Up Fiberglass Shower - Hardwood Flooring in all 1st Floor Bedrooms & under Living/Dining Room Carpeting - 1st Floor Laundry includes Washer, Dryer & Freezer - Front & Rear Covered Porches & 2 Large Patios (20 x 14) & (14 x 14) - New Gas Heat & Central Air August 2012 - 1 Car Attached Garage - 25 x 21 Basement plus a Crawl Space for additional Storage - 1 Year HSA Home Warranty is included.
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| May 31, 2013 | Sold | ||
| Sold | |||
| Jan 14, 2013 | Listed by Shirley Rossi Realty | $159,900 | |
| Listed by Shirley Rossi Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017