8 Sachem 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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Relisted | $429,900 | |
| Relisted | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by LAER Realty Partners | $649,900 | |
| Listed by LAER Realty Partners | |||
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Welcome to 8 Sachem Road, a charming turn-key 3-bedroom, 2-bath ranch-style home located in the desirable Cresthill neighborhood of West Peabody. Featuring a bright, open concept kitchen/dining area with gleaming hardwood floors, the home extends to a fenced-in backyard with a stone patio, fire pit, hot tub, and bocce/horseshoe court. The primary suite features cathedral ceilings with ensuite bath. Main floor living room features a wood burning fireplace, while the lower-level rec room is spacious and features a bar area for entertaining, a wood burning stove and plenty of room to relax watching TV. Additional highlights include updated heating and electrical systems and central AC to ensure comfort. With West Elementary around the corner and easy access to highways and shopping, this property offers the perfect blend of tranquility and convenience. Don't miss out! Open houses - Th 8/1 - 5pm-6:30pm as well as Sat 8/3 & Sun 8/4 - 11am-1pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017