8 Sandview Ter #8
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%.
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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 |
|---|---|---|---|
| Feb 5, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by Kinlin Grover Compass | $349,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
An exceptional value for this Nantucket townhome just painted and carpeted. Not too late to enjoy the amenities Southport has to offerr..2 pools, golf course, fitness center, and clubhouse social activities. Enjoy first floor living with a Master bedroom ensuite, living room with cathedral ceiling, gas fireplace, built in cabinet, and sliders to upper deck. A dining room, eat in kitchen, pantry, and laundry room complete the first floor. Upstairs is another bedroom with full bathroom, an open loft area with skylight and fan, and finished room to be used as office or den. A walkout unfinished basement is another bonus for this unit . Immaculate home and ready to move right in. All new buyers pay two month condo fees into Southport's working capital fund at closing. Pets allowed under 35 lbs.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/22/2019
|
2 Bed
|
3 Bath
|
1685 ft²
|
$349,000
2 Bed
3 Bath
1685 ft²
|
$335,500
-3.87%
02/05/2020
|
Judith Friedberg
Kinlin Grover Compass
| |
|
08/22/2019
| |
2 Bed
|
3 Bath
|
1685 ft²
|
$349,000
2 Bed
3 Bath
1685 ft²
|
$335,500
-3.87%
02/06/2020
|
Judi Friedberg
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017