8 Old Town 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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Price Decreased |
$1,995,000
↓ $130K
(6.1%) | |
| Price Decreased | |||
| Sep 22, 2025 | Price Decreased |
$2,125,000
↓ $125K
(5.6%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by Rutledge Properties | $2,250,000 | |
| Listed by Rutledge Properties | |||
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Welcome to this Wellesley Farms Colonial, brimming with charm and maintained in excellent condition. Spacious dining and living rooms greet you on the first floor, flanked by an updated kitchen and bright sun room, respectively. In addition to the large primary and two additional bedrooms, the second floor boasts charming built-in bookshelves and a cozy office overlooking the front yard. Fourth and fifth bedrooms and a sizable bathroom on the third floor. The fenced-in backyard offers level play space, stone patios, and tree-lined privacy. A short drive to major highways and an easy walk/drive to Commuter Rail. An outstanding combination of Wellesley Farms serenity, classic character, and can't-miss convenience. Come make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017