8 Mechanic 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 |
|---|---|---|---|
| Mar 10, 2020 | Sold | ||
| Sold | |||
| Dec 2, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2016 | Listed by Mega Realty Services | $264,900 | |
| Listed by Mega Realty Services | |||
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Conveniently Located 3 Bedroom, 1 Bathroom Home in Desirable Saxonville! Eat in Kitchen with Ample Cabinet & Counter Top Space, and Slider Access to the Back Yard/ Patio Area. Formal Dining Room features Lots of Natural Light, and Pellet Stove. Large Living Room complete with Built In, Recessed Lighting, and Plush Wall to Wall Carpet. Year Round Porch, Home Office / Play Room and a Full Bath round out the Main Living area. 2 Bedrooms with Ample Closet Space and Plush Carpet Completes Level 2. Plenty of Storage! New Furnace and Hot Water Tank! Brick Patio, Shed, and Plenty of Parking! Close to Shopping, Schools, Sudbury River, Costanza & Danforth Park. Why opt for a Condo when you can own your own Home! Make Your Appointment Today!
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| Oct 29, 2006 | Sold | ||
| Sold | |||
| Feb 17, 2006 | Listed by Real Estate Marketplace | $274,900 | |
| Listed by Real Estate Marketplace | |||
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REDUCED $55,000 SELLER SAYS SELL!!!! This impeccable home has been host to many children, grandchildren, friends and family, lovingly cared for new bath, roof, carpet and paint, enjoy relaxing on your front porch and listening to the distant sounds of the river or take a stroll to the park, make this your dream come true. Walk to school, quiet side street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017