8 Stephen St
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 12, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Keller Williams Elite | $325,000 | |
| Listed by Keller Williams Elite | |||
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Welcome home to this 3 bed, 1 bath 1,016 sq. ft. Ranch in Desirable Norton Neighborhood. This home has good structure and mechanicals but needs an interior cosmetic makeover. First level features Eat-In Kitchen, Living Room, Oversized master Bedroom , 2 additional bedrooms, and Full bath. Lower level is dry and just waiting to be finished for added living space. Additional features include Brand New Hot Water Heater, Low Maintenance Vinyl Siding and Windows, Newer Oil Tank, Young Roof, Storage Shed, Hardwood Floors, and seller to install Brand New Septic prior to closing.
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| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017