8 Austin Drive (Lot 2)
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 |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Aug 7, 2021 | Listed | $579,900 | |
| Listed | |||
| Mar 31, 2009 | Sold | ||
| Sold | |||
| Oct 26, 2006 | Listed by Keller Williams Realty | $379,900 | |
| Listed by Keller Williams Realty | |||
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RENT WITH OPTION TO BUY!! Oversized - 40 x 26 colonial now under construction in Park Street Estates! subdivision of Case built homes. Large private lot on cul-de-sac. Vinyl sided with vinyl tilt-in windows, Central AC, hardwood dining room and foyer stairway, gas fireplace, recessed lights, ceramic tile kitchen and baths and generous allowances. 2 car garage under. Choose this home or custom build your own design. Call for package.
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Address: 335 Madison Avenue, New York, NY 10017