8 Rollins Way
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 |
|---|---|---|---|
| Aug 21, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2017 | Listed by Northeast Realty, LLC | $600,000 | |
| Listed by Northeast Realty, LLC | |||
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SHORT SALE, LENDER APPROVAL REQUIRED. Property being sold "as is" with no repairs or warranties by Seller or Broker. Possible tear down. No working heat or plumbing, 50% of property gutted to studs, property has water damage, rubber roof needs replacing. Buyer responsible for Title V. Property may not qualify for conventional financing. Property possibly in flood zone. PRIVATE DRIVE PLEASE DO NOT DISTURB NEIGHBORS. Please do not walk the property without an appointment. BUYER TO DO OWN DUE DILIGENCE.
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| Nov 16, 2006 | Sold | ||
| Sold | |||
| Sep 22, 2006 | Listed by Dream Home Realty | $1,395,000 | |
| Listed by Dream Home Realty | |||
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Own a beach house on a private saltwater peninsula with 600+ feet of sandy beach on Onset Bay. You will enjoy entertaining family and friends, and quiet days on the beach. There are two kitchens for entertaining convenience, with custom silestone counters and new stainless appliances. This beach house has a roof deck, and deep water access. The family room has a fireplace. The master bedroom has its own fireplace and sitting area, and french doors to a deck, the beach, boating, fishing & more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017