8 May Street
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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Relisted | $389,900 | |
| Relisted | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Coldwell Banker Realty - Sharon | $663,000 | |
| Listed by Coldwell Banker Realty - Sharon | |||
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BACK ON MARKET DUE TO BUYER FINANCING! This quintessential Cape-Style residence has an abundance of CHARM, CHARACTER, and natural sunlight throughout and is nestled on a DESIRABLE tree-lined street close to school, shopping and highway .The OPEN CONCEPT dining room flows into the kitchen which includes GRANITE COUNTERS, kitchen island and pantry, It also features 3 generous sized bedrooms, 2 full baths, and a comfortable living room with fireplace flanked by custom built-ins and a newly installed bay window. The partially finished lower level consists of a welcoming family room, a private home office, new (2023) Weil-Mclain WGO-3 Boiler, 275-gallon Granby oil tank, hot water heater plus 3 mini split systems in 2020. The exteriors recent updates include 1 inch insulation, soffits, gutters and guards and Certainteed "Cedar Impressions vinyl shingles. All this set on a private fenced in yard with composite deck and blue stone patio (2022) surrounded by a vast variety of mature plantings.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017