8 Old Taft Avenue
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%.
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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.
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 20, 2019 | Sold | ||
| Sold | |||
| Nov 3, 2019 | Listed by 1 Worcester Homes | $250,000 | |
| Listed by 1 Worcester Homes | |||
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Lakefront living! Lovely year-round cottage featuring a nice open/functional floor plan, one full-size bedroom with a vaulted ceiling and a sleeping loft with skylight and water views for overnight guests and or children. The interior of this home exudes charm and character with wrap-around front to side enclosed porch, french doors, hardwood flooring, built-in bookcase, storage spaces, accent wall with rough-hewn wood add to the warmth of the interior. Windows, roof and heating replaced within the past 5 years. The exterior has a nice private back yard, storage shed, plenty of off-street parking. Lake Nipmuc offers many recreational activities which include boating, jet skiing, kayak/canoeing, swimming.
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| Mar 18, 2013 | Sold | ||
| Sold | |||
| Oct 22, 2011 | Listed by Lakefront Living Realty, LLC | $189,900 | |
| Listed by Lakefront Living Realty, LLC | |||
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Very clean & charming lake front cottage w/ dock. Beautiful wd floored living rm w/ built ins & a real craftsmans touch. Well maintained this is a year round home waiting for that perfect Buyer to enjoy the cool breeze,great views & all the recreation. Lake Nipmuc affords. Second "bedroom" is a small room with loft for bed. Included in sale is 14' Crestliner w/ 33 hp Evinrude and canoe.
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| Dec 1, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017