8 London Bridge Rd
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 |
|---|---|---|---|
| May 13, 2015 | Sold | ||
| Sold | |||
| Apr 7, 2015 | Listed by LAER Realty Partners/Chelmsford | $209,900 | |
| Listed by LAER Realty Partners/Chelmsford | |||
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Investors take notice. Great 1.46 acre lot located in an area of homes that are considerably higher in price. This property will not qualify for conventional financing. Property to be sold in AS IS condition. Seller has never occupied or lived in the property. All information must be verified by buyers and buyers agent. All cash offers should be submitted with proof of funds for closing. All non-cash offers should be submitted with a pre-qual letter from the buyers lender.
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| Jan 7, 2015 | Sold | ||
| Sold | |||
| Aug 30, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017