1
Map
8 Vernon 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 |
|---|---|---|---|
| Jun 8, 2004 | Sold | ||
| Sold | |||
| Apr 23, 2004 | Listed by Hammond Residential Real Estate | $549,000 | |
| Listed by Hammond Residential Real Estate | |||
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Handsome Tudor Style brick & shingle Colonial in sought after Newton location. Home features: fireplaced living room, hardwood floors, natural woodwork & built-ins throughout. 3rd floor offers incredible space to develop Master bedroom, office or au pair. WALK to Underwood elementary, Bigelow and Express bus. Minutes to Mass Pike. Home needs renovation. House is being sold as is. Solid Investment.
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| Jul 14, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017