8 COVEY 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 |
|---|---|---|---|
| Sep 19, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $324,500 | |
| Listed | |||
| | |||
|
Privacy abounds in this well-maintained contemporary in beautiful, wooded neighborhood. Great layout, new high-quality kitchen with radiant heat which extends into family room, lots of natural light, large sun room leads to patio/deck areas. Great for entertaining! Second floor includes four bedrooms, two great updated baths and laundry area. Master Bedroom has beautiful, big windows looking out at trees, a full bath including vanity, and a walk-in closet. Basement is clean and dry, and is wired for a backup generator. All mechanicals in great condition.The manager has listed the unit size as 3733 square feet.
| |||
| Apr 17, 2017 | Listed by ACE REAL ESTATE LLC LG | $324,500 | |
| Listed by ACE REAL ESTATE LLC LG | |||
| Oct 31, 1995 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017