8 Gordon St
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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | In contract | - | |
| In contract | |||
| Mar 22, 2023 | Relisted | $399,900 | |
| Relisted | |||
| Mar 16, 2023 | In contract | - | |
| In contract | |||
| Mar 9, 2023 | Listed by Coldwell Banker Realty - Marion | $399,900 | |
| Listed by Coldwell Banker Realty - Marion | |||
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Back on market. Buyer financing fell through Perfect home for seasonal or year round with views of the water and located on a corner lot providing ample off street parking. Enhancing the value of this 3/4 bedroom home is a newer NAVIEN combo heating and hot water system, a large wrap around deck overlooking a generous sized yard for entertaining that includes a newer outside shower. BEST OF ALL IS THAT THE PROPERTY IS LOCATED IN FLOOD ZONE X! NO FLOOD INSURANCE CURRENTLY REQUIRED Additional features include first floor oversized bedroom, new living and dining room flooring, first floor office and an abundance of sunlight and ample parking. Great for year round or seasonal use with great potential for income as well. Boasting a full basement with washer and dryer and room to grow. Don't miss this one that is priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017