8 Mitchell Road
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 |
|---|---|---|---|
| Dec 7, 2011 | Sold | ||
| Sold | |||
| Oct 17, 2011 | Listed by Sagan Harborside Sotheby's International Realty | $598,500 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Desired Neighborhood Location.Tastefully Renovated 1946 "Full Cape".Meticulous Throughout, This 3 Bedroom, 2 Full Bath Home Offers Custom Granite/Stainless Kitchen (Viking Range),New Thermopane Anderson Windows, Granite/Marble/Glass Bathrooms,Newer Burnham Heating System,Central Air & 200 Amp Electric.New Roof.Oak Hardwoods, Wood Burning Fireplace & Period Charm.Fenced-in & Professionally Landscaped Yard & Gardens are Fabulous & Irrigated. 2 Stone Patios. Attached Garage & Double Wide Driveway.
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| Jan 15, 2009 | Sold | ||
| Sold | |||
| Nov 18, 2008 | Listed by William Raveis R.E. & Home Services | $470,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Neighborhood, Neighborhood, Neighborhood. This well located home and property offer expansive lot (great back yard), 3 large bedrooms (one on 1st level), 2 full baths, spacious formal living room with fireplace, hardwood oak flooring and full finishable basement. Well priced opportunity to update this 1946 built Cape style home.Established Marblehead neigborhood near conservation land. Spacious home. Larger than it looks on a drive by. Worth the look!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017