8 Horace 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%.
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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.
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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 17, 2019 | Sold | ||
| Sold | |||
| Jul 30, 2019 | Listed by Green Light Real Estate | $95,000 | |
| Listed by Green Light Real Estate | |||
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Your very own piece of solitude in an otherwise bustling city location! Situated minutes to everything and at the end of a dead end street surrounded by trees and green vegetation. This updated 3 bedroom, 1.5 bath, 2 story charming cape is waiting for the perfect buyer. With a fully renovated/ insulated basement, new hot water tank, and newer flooring through out the house makes it move in ready! The open floor plan is a great gathering place, or a nice retreat away from it all. Upstairs there are three good sized bedrooms so everyone has their personal space. Lets not forget about the large second story balcony! Perfect to watch the movement of the city while relaxing in comfortable style. The home sits on a .06 acre lot that will amaze you at how relaxing and private city life can be, with room to move the gatherings outdoors if you choose too. It's well taken care of, it's comfortable and it's move in ready! It's also within your reach so I say it's time to make your move!
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 27, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $76,000 | |
| Listed | |||
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This home is immaculate and move-in ready. It's conveniently located within walking distance of shopping, restaurants and entertainment. Seller has done many renovations and updates over the past few years. The home has a newly renovated double-decker porch, so you can sit and people watch on the main porch, or from the private porch that is off the master bedroom. New metal roof, newer furnace, porch, foundation, etc. Newly sprayed insulation keeps the home warm and efficient. Brand new large geothermal water heater will ensure additional efficiency and no lack of hot water. Includes too many enhancements to list them all, just come see for yourself. Make your homeowner dreams come true and buy this gorgeous home. The manager has listed the unit size as 1440 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017