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 | |||
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|
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!
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| Jan 28, 2021 | Sold | ||
| Sold | |||
| Dec 10, 2020 | Listed by RE/MAX Executive Realty | $329,999 | |
| Listed by RE/MAX Executive Realty | |||
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CANCELLED OPEN HOUSE Deceptively spacious 2 bed, 2.5 bath duplex style townhouse with numerous updates including kitchen and mudroom with upgraded cabinets and countertop, SS appliances, new flooring, breakfast bar; all new half bath; all windows and sliders replaced; solar powered skylights with shades; new carpet; three mini splits for a/c and supplemental room specific heat when required. Open plan concept. Living room and large dining area, both having access to separate deck or balcony via sliders. Wood burning fireplace with stone accent chimney breast and vaulted ceiling. Second floor has large versatile loft overlooking first floor and with slider to balcony, two bedrooms and two full bathrooms. Master with ensuite bath and double wide closet plus private door to balcony. Each bedroom has its own mini split. Finished basement presently used as den and for home schooling. Laundry room and storage. One car garage, covered front porch overlooking private fenced yard .
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| 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