8 9th Avenue
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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 14, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by Keller Williams Shore Properties | $2,249,999 | |
| Listed by Keller Williams Shore Properties | |||
| Sep 10, 2024 | Listed | $2,299,999 | |
| Listed | |||
| | |||
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ORTLEY BEACH - OCEAN BLOCK - CUSTOM BUILT BEAUTY STEPS TO THE BEACH WITH IN-GROUND HEATED POOL - HOME FEATURES HIGH END KITCHEN WITH QUARTZ COUNTERS, CENTER ISLAND, UNDER COUNTER LIGHTS, MICROWAVE DRAWER, WINE FRIDGE, CUSTOM HOOD OVER DOUBLE CONVECTION OVEN - L/R HAS SHIPLAP WALL, GAS F/P WITH GRANITE TRIM, DRIFTWOOD MANTLE - CUSTOM ZEBRA STYLE BLINDS THROUGHOUT W/ ROOM DARKENING SHADES IN BEDROOMS - EXTRA LARGE SLIDERS W/ TRANSOM PLUS AUTO/REMOTE CUSTOM BLIND TO COVER SLIDERS - 2 ZONE HEATING & COOLING WITH WIFI CAPABLE THERMOSTATS - LOFT AREA HAS POWDER ROOM PLUS MINI-FRIDGE, GRANITE COUNTER - HOME IS ENERGY STAR CERTIFIED - WELL DESIGNED HOME PROVIDING AMPLE INTERIOR AND EXTERIOR ROOM -- EXTRA ROOM IN THE GARAGE FOR STORAGE - BACK YARD OASIS FOR SUMMERTIME FUN! COME AND TAKE A LOOK!!
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| Sep 3, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017