8 Cranberry Ln
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Relisted | $460,000 | |
| Relisted | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by ERA Key Realty Services- Spenc | $460,000 | |
| Listed by ERA Key Realty Services- Spenc | |||
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OPEN HOUSE SAT 3/16th 1-3 pm. Newly available again!! Welcome to this unique turnkey rental investment opportunity with a strong rental history or multi generational home ! Rent is currently at $4100 per month. Located in the highly coveted Echo Hill South Pond neighborhood surrounded by nature,w/ shared meadows and ponds yet just five minutes to UMASS Amherst ! This 3 -5 bed 2 bath one level home has a bonus light filled finished space in the walkout basement, featuring 2 possible beds and living room with sliders to back yard in each room! You will love all the glass doors that bring the nature inside for all to enjoy. Immerse in the sight & sounds of the back yard creek from the living room and Main bedroom sliders that both lead to the full house length deck with gorgeous private forest view. Newly updated & Impressively styled kitchen cabinets invite you to hang out in the open concept dining area with island seating for casual bites. So much to love !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017