8 Hillcrest Place
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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 14, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by RE/MAX Benchmark Realty Group | $99,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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NEW ON THE MARKET ~ 4,000' SQ. FT. LEVEL LOT WITH 8 ATTACHED GARAGES...Your own private storage and parking with extra possibilities...On a municipal road with access from the road to municipal water, sewer, electric and natural gas. Even for your own private use this private, low traffic and easy access location can be useful to anyone...Some of the garages are separated by interior partitions. 8 garages with manual overhead garage doors.
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Address: 335 Madison Avenue, New York, NY 10017