8 Crapo Street
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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Converse Company Real Estate | $625,000 | |
| Listed by Converse Company Real Estate | |||
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Tucked on a quiet road in Marion Village, this Ranch-style home offers easy one-story living in a premiere location. Built in 1951 with 1,440 square feet, this home offers 3 bedrooms, 1 bath, formal living room with fireplace, dining room, and kitchen open to family room. Also with a full basement and attached one car garage. This is a rare opportunity to restore a village home on a spacious .34 acre parcel, outside of the flood zone, that is within walking distance to all village hot spots such as town center, Silvershell Beach, Tabor Academy, and the waterfront. Don't let this diamond in the rough slip away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017