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8 Philip 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 |
|---|---|---|---|
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed | $1,995,000 | |
| Listed | |||
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Sophisticated, sprawling L-shaped mid century modern ranch enjoys a dynamite open flow floor plan & has been meticulously maintained & substantially remodeled & renovated with modern improvements to suit todays contemporary lifestyle. Nestled on a beautiful, quiet lot in the heart of highly desirable Follen Hill, we are a stone's throw to Bowman Elementary. Main level consists of a generous foyer leading to a light filled sunken living room featuring a natural stone fireplace, recently remodeled handsome office or den with bespoke walnut woodwork & fireplace, generous custom kitchen with vaulted ceilings, and four additional bedrooms, including a luxurious primary suite. The bright, finished walkout lower level features a much loved family room with a new Stuv woodstove, full bath, reading nook, home gym, workshop, bonus area/hobby space, and exceptional storage. Custom stonework, patios, garden areas, and specimen plantings complete the show stopping rear yard!
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| Sep 16, 2011 | Sold | ||
| Sold | |||
| Jul 28, 2011 | Listed by Keller Williams Realty Boston Northwest | $799,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Nestled in the heart of Follen Hill, this Exceptional Sprawling 3393/sf Custom-Built Ranch is sited on a beautifully wooded 1/3+ acre lot. A truly unique home w/ a timeless, open flow floor plan w/ large rooms offers the perfect blend of subtle elegance & versatility. The main level features over 2400/sf of living space w/ a sunken LR, den w/ frpl, 4 lgr BR's incl'd Master suite.The sun-filled LL walkout has approx.1000/sf that incl'd frpl'd FR, full BA & More!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017