8 Park Lane
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 |
|---|---|---|---|
| Sep 30, 2004 | Sold | ||
| Sold | |||
| Jul 2, 2004 | Listed by RE/MAX Real Estate Center | $349,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Additional lot (40946 sf book 10674 page 291) included in lot size. Beautifull oak kitchen with hardwood floors. Huge 42' deck overlooking private back yard on dead end street. In-Law set up quite nicely with kitchen and full bath. Central A/C and fireplace. Move in condition. A must see.
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| Sep 29, 1998 | Sold | ||
| Sold | |||
| Jul 30, 1998 | Listed | $172,000 | |
| Listed | |||
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INTERIOR HAS BEEN COMPLETELY RENOVATED IN 1997. TOP OF LINE BERBER THROUGHOUT. HUGE 42' DECK. PRIVATE BACKYARD. ON DEADEND STREET. SHOWS GREAT!! CENTRAL AIR!! NEW TITLE 5 SEPTIC SYSTEM SCHEDULED TO BE INSTALLED.
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