8 Madison St
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 |
|---|---|---|---|
| Mar 27, 2012 | Sold | ||
| Sold | |||
| Mar 25, 2010 | Listed by Century 21 Hometown Associates | $122,000 | |
| Listed by Century 21 Hometown Associates | |||
| | |||
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Move-in condition for this comfortable, charming, Affordable colonial. Home offers many up-dates including electrical, some plumbing and Harvey windows. Freshly painted interior. Newly sanded and finished Hardwood flooring, Large kitchen with pantry. Mud room leading to large fenced back yard. This home has easy access to downtown Westfield and Route 20. Room arrangement allows for Dining room, Living room and play room. Large side yard allows ample off street parking and drive way.
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| Oct 1, 2004 | Sold | ||
| Sold | |||
| Aug 27, 2004 | Listed by Century 21 Hometown Associates | $99,900 | |
| Listed by Century 21 Hometown Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017