8 Farrell Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $789,000 | |
| Listed | |||
| |||
|
Beautifully renovated Colonial nestled on 1.78 acres of land, offering 3 levels of living and numerous updates. The open floor plan is ideal for entertaining, with stunning wood floors, a gas fireplace, a beautiful modern eat-in kitchen with quartz countertops, SS appliances, a large farmers sink, and a stylish tile backsplash. Take advantage of the new Wolf composite deck overlooking the expansive, private backyard. You'll love the convenience of the direct entry into the home from the 1 car garage with hall closets, a full bath with laundry room, and a separate room with pocket doors for added privacy. The second level features 3 bedrooms, storage above the garage, attic access, a generous primary, and an updated full bath. The finished walkout basement has spacious rooms, full-size windows, and a half bath. Additional features include a new heating system, a newer hot water tank, and updated flooring. Don't miss this exceptional, spacious home with tons of privacy.
| |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017