8 Island Road
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed | $829,000 | |
| Listed | |||
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Welcome to Franklin and to this absolutely stunning freshly painted home where there’s nothing to do but move right in! Property is located rare find cul de sac. Imagine living in a beautifully updated and spacious home where you can just unpack your bags and start enjoying. This home features an updated kitchen with granite countertops, high-end appliances. The spacious primary bedroom has a full wall of closets and a private 3/4 bath. 2nd bedroom also comes with full bathroom. In-law suites comes with large bedroom, kitchen, full bathroom and great entertainment room. Enjoy your hot summer day next to the in-ground pool with friends & family.
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| Apr 18, 2014 | Sold | ||
| Sold | |||
| Feb 11, 2014 | Listed by Century 21 Commonwealth | $399,000 | |
| Listed by Century 21 Commonwealth | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017