8 Old Coach Road
About This Property
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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%.
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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.
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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 11, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | In contract | - | |
| In contract | |||
| Mar 8, 2023 | Listed by The Merrill Bartlett Group | $750,000 | |
| Listed by The Merrill Bartlett Group | |||
| Dec 20, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 6, 2022 | Listed by The Merrill Bartlett Group | $750,000 | |
| Listed by The Merrill Bartlett Group | |||
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A once in a lifetime find, this unspoiled, 1776, antique colonial has been maintained in near original condition by two families, one for the first 186 years and another for the last sixty years. Historic details include wide pine plank floors, wall paneling, and wainscoting; mantle pieces, trim, cabinetry, and exposed brick. Known as the Peaslee Tavern, this home has a ballroom with a continuous built-in wooden bench, where dances were held, militia was trained and circuit court sessions were convened. Opposite the double front doors, in a niche beside the stairway, is the sliding window from which ale was dispensed. This room still has an open area under the staircase where the barrels and glasses sat. Seven fireplaces, five bedrooms, formal living and dining rooms, and a wide covered porch add to the charm of bygone days. Modern comforts include newer boiler, roof, electrical, 2.5 baths and 1960s kitchen. The adjacent 100 acre parcel is also available for sale to the new owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017