8 Monadnock 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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Leading Edge Real Estate | $1,850,000 | |
| Listed by Leading Edge Real Estate | |||
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Picture perfect, this brick front colonial is on a quiet dead end street yet just a half mile to vibrant Arlington Center, the Minuteman bikeway, and bucolic Menotomy Rocks Park. With 11 rooms on 3 finished levels, there’s plenty of space and plenty of options for you and your family. The 5 rooms on the main floor include a 24’ living room with fireplace and built-ins, dining room with 2 china cabinets, and eat-in kitchen. There’s also a cozy family room, half bath, and office. Upstairs is the primary bedroom with walk-in closet and en-suite bath, plus 3 more bedrooms and another full bath. The lower level has great playroom/library space and third full bath. The laundry room doubles as the mudroom and has walk-out access to the backyard and 2-car garage. The following improvements are from just the past 2 years: gut kitchen renovation, roof replacement, Marvin windows and doors, exterior painting, heat pump mini-splits for heat and A/C, electrical box, chimney repair, and garage door.
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| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jul 19, 2022 | Listed by Leading Edge Real Estate | $1,400,000 | |
| Listed by Leading Edge Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017