8 Storrs Street
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 10, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Keller Williams Realty | $115,000 | |
| Listed by Keller Williams Realty | |||
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $79,900 | |
| Listed | |||
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This Brick Colonial Style home offers 3 bedrooms and 2 full bathrooms. The property needs some cosmetic attention and is being sold as-is. So much potential for the right buyer. The house has a newer roof (main portion approximately 2 years old and 5 years old for the additional roof area). The boiler and oil tank was replaced in May 2017. The large eat in kitchen has a built in hutch and walk in pantry, nice sized living room with built in storage shelves and closet. The first floor bathroom offers washer and dryer hook ups, first floor bedroom. The second floor offers 2 bedrooms and a full bathroom. There is an attached storage shed off the back of the house. Located within walking distance to area amenities. This house is priced to sell. The manager has listed the unit size as 1184 square feet.
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| Aug 6, 2017 | Listed by Keller Williams Realty | $49,900 | |
| Listed by Keller Williams Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017