8 Cardinal 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%.
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 16, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $1,175,000 | |
| Listed | |||
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Fantastic must see colonial located in the heart of the Cedar Hill Estates neighborhood. When entering the home you immediately feel the warmth and coziness of a well thought out floor plan that easily flows into the featured attractions: the kitchen and fire placed family room with vaulted ceilings. The 1st floor also consists of a formal dining room, open living room, laundry room, half bathroom and walkin pantry. Second floor has five bedrooms and two baths. The private master suite has double walkin closets and the master bath features a jetted tub and glass enclosed separate shower. The attic has a plenty of storage and cedar closet. The basement is finished and features two play areas, a sitting area for watching movies and shop. Along with a half bath and separate sink area used for arts and crafts. The cedar deck off the family room overlooks a great yard with a storage shed and abutting conservation area. Great location allows for a short walk to the elementary school. The manager has listed the unit size as 3186 square feet.
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| Apr 19, 2018 | Listed by RE/MAX Distinct Advantage | $1,175,000 | |
| Listed by RE/MAX Distinct Advantage | |||
| Apr 3, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017