8 Ann Road
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Cornerstone Home and Ranch | $319,000 | |
| Listed by Cornerstone Home and Ranch | |||
| | |||
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This beautifully updated home is located in a highly sought after neighborhood just 1.6 miles from beautiful historic downtown Mineral Wells! Full of character, this extremely efficient home provides 4 bedrooms and 2 full bathrooms PLUS an attached apartment or mother-in-law suite! Enjoy entertaining in the open concept kitchen, dining and living room. The living room features vaulted ceilings and a cozy wood burning fireplace, and the kitchen is beautifully updated. This home features a large laundry room and large pantry. The attached guest quarters or apartment is perfect for guests, a tenant, mother-in-law-suite, or even a master suite separate from the rest of the home! It includes a full kitchen, bedroom, bathroom, walk in closet, a separate HVAC system & entrance. Enjoy your spacious back yard featuring mature Oak Trees, a privacy fence, covered patio and storage shed.
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| May 31, 2023 | No longer available | - | |
| No longer available | |||
| May 25, 2023 | Price Decreased |
$319,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017