8 Balsam Drive
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 |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by New Leaf Real Estate | $280,000 | |
| Listed by New Leaf Real Estate | |||
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Charming and spacious home that offers plenty of space for the whole family, or single-floor living if you wish. Walk in the front door to the light and bright living room with over-sized windows, and wood floors (which continue through the entire main floor). The living room opens into the dining room which is great for those sit down meals, but also offers a wonderful breakfast bar and peninsula that looks into the kitchen. The kitchen is complete with newer stainless appliances, freshly painted cabinets, and updated countertops. Past the kitchen you will find a full bathroom and three good-sized bedrooms (all updated with fresh paint). Downstairs is a large family room, with utility/laundry/storage space off the back. The lower level also offers a large bedroom with two walk-in closets, vanity space, and the hidden gem is the master bathroom complete with double vanity and jetted soaking tub. Outside the large corner lot offers space for the children and pets to run around, as well as plenty of shade and a wonderful fire pit area on the side yard; great for entertaining or just relaxing. With all of the recent updates and corner lot on a side street in Barre Town, this property won't last long!
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| Jan 13, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2019 | Listed by Green Light Real Estate | $195,000 | |
| Listed by Green Light Real Estate | |||
| Mar 22, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017