8 Rex Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 28, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by April Dunn & Associates LLC | $129,000 | |
| Listed by April Dunn & Associates LLC | |||
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Move right in! This turn key home has many new updates from flooring to the new metal roof, newly renovated deck and added central air. Fully applianced. Nice level yard with flowering perennials and shed for storage. Central to everything- walk over to ice cream and on the public transportation line. Quick close possible.
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| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by Cynthia Marple, RE Broker | $41,000 | |
| Listed by Cynthia Marple, RE Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017