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8 Vernon Rd
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Coldwell Banker Realty - Franklin | $499,900 | |
| Listed by Coldwell Banker Realty - Franklin | |||
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Great opportunity to purchase a great starter home or downsizer for a reasonable price. This Ranch styled home features a modern, updated, stylish kitchen with granite counters, custom cabinets, pendant lighting, stainless appliances, tiled backsplash and beadboard wainscoting. Main level also features a 18x12 living room with new windows, door and a wood burning fireplace. Three bedrooms and a fully renovated bathroom with tub and shower unit. Enjoy the lower level family room that adds almost 300 SQ FT in additional living area plus an additional workshop area. Two zone boiler was updated in 2017. New 200amp panel. Vinyl windows. All appliances remain including the washer and dryer. Gorgeous 14x16 deck for grilling and entertaining. The yard features two storage sheds all set on a 0.65 acre lot. A very short walk to Oakland Park/Playground and Senior Center. This home will be shown by appointment only so once you arrive, you will have plenty of time to tour privately.
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| Sep 26, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2014 | Listed by REMAX Executive Realty | $219,900 | |
| Listed by REMAX Executive Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017