726 8th Street
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 |
|---|---|---|---|
| Oct 25, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Resources Real Estate | $489,000 | |
| Listed by Resources Real Estate | |||
| Aug 7, 2018 | Sold | ||
| Sold | |||
| May 27, 2018 | Listed by Joseph A Del Forno, Inc | $119,900 | |
| Listed by Joseph A Del Forno, Inc | |||
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Great Opportunity to own in this water front town. Many new homes built in this neighborhood an up and coming community, only 45 minutes to Manhatten, easy access to the Garden state parkway. Walk to board walk. Plenty of entertainment, shopping and dining nearby. Bring your contractor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017