8 Pamela Dr
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 15, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Gibson Sotheby's International Realty | $1,575,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Nestled in the coveted Morningside neighborhood of Arlington, this mid-century contemporary home offers a rare blend of privacy and sophistication on an expansive 52,000 + square-foot lot. Just minutes from the urban pulse of Cambridge and Boston, this residence provides an idyllic escape that’s nearly impossible to find so close to the city. The property’s natural surroundings create a sanctuary of tranquility, where towering trees and lush landscaping ensure an abundance of solitude, inviting you to unwind and disconnect from the daily hustle. Designed with a distinctive open floor plan, this home seamlessly blends indoor and outdoor living spaces, allowing natural light to pour through the vast array of windows. The expansive layout includes nine thoughtfully designed rooms, offering versatility and space for all your needs. With three bedrooms and three full bathrooms, this residence is as functional as it is stylish. Seller may offer some form of concessions or compensation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017