8 Florence Drive
About This Property
TWO SPACIOUS BEDROOMS WITH WALK-IN-CLOSETS & 2 FULL BATHS. MASTER BATH HAS NEWER STALL SHOWER DOOR, TILE FLOOR, MAKEUP AREA, HEAT LIGHT & LINEN CLOSET. 2ND BATH HAS JACUZZI TUB FOR SOAKING! OPEN FRONT ENTRY PORCH FOR JUST RELAXING. GARAGE HAS PULL DOWN STEPS, GDO, RACKS AND EXTRA REFRIGERATOR AND MICROWAVE. LAUNDRY ROOM WITH WASHER/DRYER AND TUB. ENTERTAIN OR RELAX ON THE QUAINT PRIVATE PATIO WITH GAS BBQ GRILL.
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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 |
|---|---|---|---|
| Feb 5, 2016 | Sold | ||
| Sold | |||
| Aug 24, 2015 | Listed by Crossroads Realty Manchester | $239,900 | |
| Listed by Crossroads Realty Manchester | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017