8 Phinney Road
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 |
|---|---|---|---|
| May 5, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 8, 2026 | Price Decreased |
$2,149,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by Blue Ocean Realty, LLC | $2,199,000 | |
| Listed by Blue Ocean Realty, LLC | |||
| | |||
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Don’t miss out on this beautiful custom 4-bed, 3-full-bath home located in one of the most desirable neighborhoods in Lexington. Situated on a large, fenced lot with 3,500 sq ft of bright, spacious living, this home offers a modern open floor plan across two levels. The main level features living room with fireplace, a dining area set in a stunning glass conservatory with floor to ceiling windows and direct access to a patio/deck, and a huge renovated chef’s kitchen. Also on this level are an office with french doors, three spacious bedrooms and beautifully renovated bathrooms, including a master with en-suite bath, and an additional full bathroom. The lower level includes a generous bedroom with walk-in closet, full bath, wet bar, family room with fireplace, laundry room, and a versatile bonus room. Attached 2-car garage and a bonus second detached garage/workshop/boat storage offer great options. Unbeatable location near Route2, I-95, Old Res Recreation, and Bridge Elementary School.
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| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017