8 Cardinal 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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Century 21 Custom Home Realty | $660,000 | |
| Listed by Century 21 Custom Home Realty | |||
| | |||
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This Inviting Property Offers a Balance of Urban Convenience and a Serene Retreat. The Outstanding Location Allows for Quick Access to Route 6 and Bridges. Perfect for Those Who Enjoy an Active Lifestyle, You'll Find a Newly Built Bike Trail, Ideal for Biking Enthusiasts Looking to Explore the Area Right From Their Doorstep. Just a Short 5-Mile Drive to East Sandwich Beach. Close to Area Restaurants, Ponds, Golf Course and Downtown. The Home Itself Features Vaulted Ceilings, Skylights, Fireplace for Cooler Evenings Adding Warmth and Ambiance to the Living Space. Newer Heating System, Water Heater and Roof. With Beautifully Updated Kitchen and Bathrooms Featuring Stone Tiles Adding a Modern Touch. The Historic Design of the Home Has Architectural Wooden Doors and Wide-Plank Wooden Floors. Situated on a Spacious Lot With Lots of Possibilities for Your Outdoor Space. This Property Price is A Great Value in a Neighborhood That Has The Ideal Blend of Comfort, Location, and Lifestyle.
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| Dec 21, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Century 21 Custom Home Realty | $499,900 | |
| Listed by Century 21 Custom Home Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017