8 Teresa Circle
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Price Decreased |
$1,499,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$1,549,000
↓ $49K
(3%) | |
| Price Decreased | |||
| Aug 25, 2025 | Listed by Prime Realty | $1,597,500 | |
| Listed by Prime Realty | |||
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Beautifully remodeled home at 8 Teresa, offering the simplicity of single-level living in an oversized ranch house. Cathedral ceilings greet you, drenching the living spaces with sunlight shining through the skylights overhead. Sprawling, brand new, chef’s kitchen showcasing GE Cafe Series appliances, with induction cooktop. Highlighted by three new bathrooms, as well as a high-efficiency ducted HVAC system providing heat and air-conditioning. Exterior is freshly finished with fiber cement siding, providing ideal longevity, durability and maintenance-free care. The new patio and rear deck offer perfect enjoyment spaces for the spring, summer, and fall seasons. Centered on a 6,000 square foot lot, nestled in the highly sought after neighborhood of Morningside Heights. Two independent parking spots. BONUS: Full two bedroom apartment on lower level can be used for extended family or as a rental.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017