8 Danforth Way #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%.
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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 |
|---|---|---|---|
| May 23, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by RE/MAX Executive Realty | $375,000 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Welcome home to this fantastic Forge Hill condo. Updated kitchen with granite counters, and mud room off the garage. Open dining/ living room space with wood burning fireplace.Sunlight abounds with the sky lights, vaulted ceilings and multiple large sliders. First floor has a balcony accessed by two sliders and a deck with another slider. Half bath and entry hall with closet complete the first floor. Upstairs you will find a good size open loft with two large bedrooms and two baths, second bath located in the primary bedroom. Loft and primary bedroom have access to a THIRD balcony. The basement is finished and heated with a NEW (2022) electric unit. Gas heat system replaced (2022) Three mini splits provide AC. Don't miss this open house on Saturday March 19th 11-1, private showings starting Friday!
| |||
| Jan 28, 2021 | Sold | ||
| Sold | |||
| Dec 10, 2020 | Listed by RE/MAX Executive Realty | $329,999 | |
| Listed by RE/MAX Executive Realty | |||
| Aug 20, 2012 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2022
|
2 Bed
|
3 Bath
|
1645 ft²
|
$375,000
2 Bed
3 Bath
1645 ft²
|
$460,000
+22.67%
05/23/2022
|
Kellie Dow
RE/MAX Executive Realty
| |
|
12/10/2020
|
2 Bed
|
3 Bath
|
1645 ft²
|
$329,999
2 Bed
3 Bath
1645 ft²
|
$350,000
+6.06%
01/28/2021
|
Claire Bett
Realty Executives Boston West
| |
|
05/14/2012
|
2 Bed
|
3 Bath
|
1645 ft²
|
$239,900
2 Bed
3 Bath
1645 ft²
|
$225,000
-6.21%
08/20/2012
|
Claire Bett
Realty Executives Boston West
| |
|
03/27/2010
|
2 Bed
|
2 Bath
|
1645 ft²
|
$258,900
2 Bed
2 Bath
1645 ft²
|
-
-
|
Kathleen Kelly
Results Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017