8 Sutton Drive #104
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 |
|---|---|---|---|
| Mar 21, 2021 | No longer available | - | |
| No longer available | |||
| Feb 14, 2021 | Listed | $248,900 | |
| Listed | |||
| | |||
|
Meticulously kept condo nestled in the desirable Sutton Village community offering new stainless appliance package and washer and dryer, with updates. New custom sliding barn doors in the loft create space for privacy and a cozy feel. Oil heat has been efficient. Average monthly heat is around $120 per mo. and wood burning stove is in perfect condition. Additional 3 seasons room is accessible via sliders from the kitchen.
| |||
| Jan 24, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2016 | Listed by Weichert Realtors-Normandy Bch | $169,000 | |
| Listed by Weichert Realtors-Normandy Bch | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/09/2025
| |
3 Bed
|
1 Bath
|
1570 ft²
|
$370,000
3 Bed
1 Bath
1570 ft²
|
$360,000
-2.70%
03/27/2025
|
Mary Hart
Exit Realty East Coast
|
|
02/14/2021
|
3 Bed
|
2 Bath
|
-
|
$248,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
09/21/2016
|
3 Bed
|
2 Bath
|
1570 ft²
|
$169,000
3 Bed
2 Bath
1570 ft²
|
$160,000
-5.33%
01/24/2017
|
Renee Vecchione
Weichert Realtors-Normandy Bch
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017