8 Westminster 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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Berkshire Hathaway HomeServices Verani Realty | $525,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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This updated 3 bedroom ranch is located on a lightly travelled side road in an established neighborhood. This location has easy access to regional areas including New Hampshire and local beaches along the coast via Route 495. The house has an open floor plan. The modern kitchen is fully applianced and has a large breakfast bar. The 3 bedrooms all have ample storage closets and/or built-ins. The bathroom has recently been renovated. The house has newer interior cosmetics. The laundry is located on the 1st floor in the mudroom which leads to a side deck. Outdoor amenities include the oversized 1 car garage and storage shed. The property is attractively landscaped with a side yard for outdoor activities and concrete patio. This property has public water and sewer. 1st Showings at the Open House on Thursday evening, 5:30 to 7:00.
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| Mar 11, 2024 | Sold | ||
| Sold | |||
| Apr 16, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017