8 Hermitage Lane
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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed by The O'Rourke Group Real Estate Professionals | $339,900 | |
| Listed by The O'Rourke Group Real Estate Professionals | |||
| Jul 31, 2009 | Sold | ||
| Sold | |||
| Feb 25, 2008 | Listed by The O'Rourke Group Real Estate Professionals | $179,900 | |
| Listed by The O'Rourke Group Real Estate Professionals | |||
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Attractive home bordering Green Hill Park. Spacious lower level including kitchen, dining room, living room and den. Original well-kept woodwork with decorative crown mouldings in living and dining rooms. Half bath on first level. Second level has 3 bedrooms with natural woodwork and a full bath. Hardwood floors throughout the entire home. Lots of storage space. Newer boiler and hot water heater. The property is situated on a residential dead-end street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017