8 Gates Ave
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Price Decreased |
$499,900
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Aug 9, 2024 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Aug 5, 2024 | Listed by Ciccarelli Homes | $569,900 | |
| Listed by Ciccarelli Homes | |||
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Spectacular colonial home with three full bedrooms, two full baths, formal dining room and living room Completely updated with beautiful updates and yesteryears allure. Do not be deceived by the age. This home has been remarkably updated much more so than the Majority of homes in the Marlboro market. If you’re in the market for a single-family home, you must see this one. List of upgrades is to extensive to place in this ad.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017