8 Cronin Hill 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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Cohn & Company | $625,000 | |
| Listed by Cohn & Company | |||
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On a level 1.8 acre lot, this home was custom built for wheelchair accessibility. The large kitchen was recently remodeled with quartz countertops, a center island, large pantry and it opens into the living room for wonderful family living and entertainment space. The main bedroom has a bath with roll-in shower. The kitchen, living room and main bedroom all have doors out to a large deck overlooking an in-ground, heated pool with pool lift and a pergola. For your convenience, there is a first floor laundry room. The lower level has walk out access and wonderful extra space with 3 finished rooms, one of which is a sound-proof music room. In addition, there is a 4 car garage with a ramp, a wood stove and a separate large workshop or utility room. The roof and siding were new in 2023. Two driveways allow plenty of space for parking.and the large open lot gives great space for gardening.
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| Nov 30, 2011 | Sold | ||
| Sold | |||
| Apr 13, 2011 | Listed by Coldwell Banker Upton-Massamont REALTORS® | $374,900 | |
| Listed by Coldwell Banker Upton-Massamont REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017