8 Townsend Road
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Jan 17, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,294,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Wonderful Wills built Colonial in prime location. This is a quality home with character and detail including 4 fireplaces. Front to back fireplace living room, formal dining room and spacious kitchen with wood cabinets, granite counters, & separate fireplace eating area . Off the kitchen is a stunning bonus/sun room with cathedral ceiling, skylights and great natural light. First floor fireplace family room, 4 generous bedrooms and 2.5 baths. The lower level has fireplace family room, extra finished room for office /exercise. and storage area. Home has central air, updated gas heat, sprinklers, well for watering and 2 car garage. Situated on acre lot with brick patio , stone wall and mature plantings. This home has much to offer as it shows that it has been lovingly cared for.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017