8 Old Monument Neck 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 |
|---|---|---|---|
| Jun 12, 2015 | Sold | ||
| Sold | |||
| May 16, 2014 | Listed by Kinlin Grover Compass | $424,900 | |
| Listed by Kinlin Grover Compass | |||
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Huge lot surrounded by Conservation land with sprawling ranch style house with 3 outbuildings and a path directly to the Cape Cod Canal and the walking trail along the Canal. If solitude and a lovely garden is what you want along with quick access to the Canal this is the home for you. Out building started but not finished with separated rooms, could be a garage if you needed that more. Lovely gardens, outside firepit and lovely garden areas just off the very large deck. Kitchen and bath need updating, but warm natural knotty pine walls and all hardwood floors make this home very inviting. Huge basement actually has what was an underground bunker. Most of the windows were updated. This is a special location please come and take a look. You could have your lobster traps right in the canal just down the path. (license required). Owner was an avid fisherman and lobsterman all from this wonderful location. This home is surrounded by conservation land so nature is right at your doorstep.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017