8 Pearl Street
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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | Listed by Cornerstone Real Estate Company | $235,000 | |
| Listed by Cornerstone Real Estate Company | |||
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Within walking distance to Beaver Pond, you will find this well cared for 5 bedroom home that was once a two-unit, which can easily be converted back. Built on a solid marble foundation that has been standing over 110 years, this beautiful home boasts gorgeous hardwood floors, three covered porches and one screened in porch, and 2 bathrooms (both with claw foot tubs!). This home is located on just under a half acre, at the end of a public maintained road, and is connected to public water and sewer. Plenty of parking in your level driveway, there is room to garden and sled on your sloped back yard and a blank palette ready for landscaping. A versatile property that will fit your large family, your multi-generational living needs, or provide income if you convert it back to a multi-unit and use half of it for long or short term rentals. The current owners have made recent repairs to the front porch, painted the exterior porches, refinished several of the hardwood floors and installed pantry cupboards in one of the first floor bedrooms (off of the kitchen) during their short ownership. The home is now ready for you to move right in and enjoy the convenience of small town life in Proctor, while being only 15 minutes away from skiing, restaurants, shopping, Rutland Regional Hospital and entertainment. An affordable option that is move-in ready, so plan your showing today!
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| Jun 18, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Casella Real Estate | $169,500 | |
| Listed by Casella Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017