8 Stonewood Avenue
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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | Listed by Real Broker MA, LLC | $849,000 | |
| Listed by Real Broker MA, LLC | |||
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Oversize Split Level style home located in the much desired Colonial Park neighborhood of Stoneham. A little TLC is needed, but an incredible opportunity to add your own personal touches. This home offers a living room with a large bow window and fireplace. The living room opens to the dining room, kitchen and a spacious family room with a wood burning stove. Three bedrooms and a bath complete the first level. Finished walkout lower level provides a game room, full bath and access to a two-car garage. Mostly hardwood floors and a new central air system. Shown by appointment only, showings begin immediately.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017