8 Centercrest Drive #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%.
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 7, 2004 | Sold | ||
| Sold | |||
| Jun 30, 2004 | Listed by Metropolis Real Estate | $209,000 | |
| Listed by Metropolis Real Estate | |||
| Jul 17, 2003 | Sold | ||
| Sold | |||
| May 23, 2003 | Listed by RE/MAX Partners | $192,900 | |
| Listed by RE/MAX Partners | |||
| | |||
|
BRIDGCREST CONDO IN IMMACULATE CONDITION.PRIVATE SETTING IN BACKYARD & GREAT VIEWS OF MERRIMACK RIVER IN FALL/WINTER.MANY UPDATES TO INC. FLOORING, KITCHEN REDONE, OAK STAIRS, BATHS, SLIDERS IN MBR & DR.
| |||
| Jul 31, 1996 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/30/2004
|
2 Bed
|
2 Bath
|
1018 ft²
|
$209,000
2 Bed
2 Bath
1018 ft²
|
$206,000
-1.44%
09/07/2004
|
Nicholas Kotsonas
Metropolis Real Estate
| |
|
05/23/2003
|
2 Bed
|
2 Bath
|
1018 ft²
|
$192,900
2 Bed
2 Bath
1018 ft²
|
$192,900
07/17/2003
|
Joan Denaro
RE/MAX Partners
| |
|
06/17/1996
|
2 Bed
|
2 Bath
|
1018 ft²
|
$82,900
2 Bed
2 Bath
1018 ft²
|
$83,400
+0.60%
07/31/1996
|
Phyllis Lavita
Blue Point Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017