8 April Lane #8
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%.
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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 |
|---|---|---|---|
| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by Desi Prime Realty, LLC | $629,999 | |
| Listed by Desi Prime Realty, LLC | |||
| | |||
|
Move-in-ready Townhouse in the highly desirable Minuteman Village, just bring your furniture & tennis racket (the developments tennis court is right across the street from this unit). These two bedroom, 2 &1/2 bedroom townhomes don't come on the market very often. This home boats almost 2,000 sf of living area on three levels. The front to back view from the foyer onto the patio off of the dinning room is very open and modern with luminous hardwood flooring. The kitchen has been recently renovated and all of the appliances are staying. The lower level is an excellent entering space, with a full bathroom off the family room. There is a real wood burning fireplace in the family room and a very nice wall mounted TV, that the seller is leaving for the new owners? There is a laundry area with a washer and dryer & sink in the unfinished portion of the basement and they will remain with the unit also. Don't miss the chance to own a Lexington home at this reasonable asking price.
| |||
| Sep 16, 2013 | Sold | ||
| Sold | |||
| Jun 18, 2013 | Listed by Coldwell Banker Realty - Winchester | $444,900 | |
| Listed by Coldwell Banker Realty - Winchester | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2020
|
2 Bed
|
3 Bath
|
1962 ft²
|
$629,999
2 Bed
3 Bath
1962 ft²
|
$630,000
+0.00%
08/14/2020
|
KiranKumar Gundavarapu
Desi Prime Realty, LLC
| |
|
06/18/2013
|
2 Bed
|
3 Bath
|
1962 ft²
|
$444,900
2 Bed
3 Bath
1962 ft²
|
$435,000
-2.23%
09/16/2013
|
Rajive Dogra
Coldwell Banker Realty - Winchester
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017