8 Jersey 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 |
|---|---|---|---|
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $330,000 | |
| Listed | |||
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Your own cottage by the river! Great potential in a great location! Relax on your porch overlooking the Porter River. This three bedroom cottage, located on a dead end street has charm and character. The kitchen features a large eat-in area, new flooring, two pantry cabinets and a mudroom. The living room and dining room have nice wood floors. The full length enclosed porch overlooks the river and is a great place to spend time. The second floor features three good size bedrooms with wood floors and plenty of closet space. Extra storage room on the second floor and the full basement. The bathroom is on the first floor and the house could be used for one level living and also there is room on the second floor for a second bathroom. Enjoyed by the same family for over 60 years. More recent updates include windows and a Beckett furnace. The manager has listed the unit size as 1365 square feet.
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| Jul 14, 2018 | Listed by RE/MAX Advantage Real Estate | $330,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017