8023 OLD DOMINION DRIVE
About This Property
Beyond the courtyard lies a large backyard that is surrounded by parkland giving a view of endless space and privacy. The yard and the courtyard are both fully fenced in creating secure and private outdoor space for children and pets. The garage features the top-of-the-line Gladiator garage organization system, including. storage lockers, potting tables and a Gladiator floor. A space-saving wall-mounted organization system of hooks, baskets and bins is ideal for hanging often-used items and maximizing space. There is a ceiling mounted multi-bike lift providing one-touch electric lifting and lowering to get bikes out of the way and free up valuable floor space. The second floor features 4 bedrooms and 3 full baths. The extra-large master bedroom suite is a true retreat, featuring a spacious, en-suite bath-and-a-half, and a custom walk-in closet been professionally appointed with drawers and an abundance of hanging space. The second floor has three other bedrooms, including one with an en-suite bath and two others that share a bathroom opening to the second-floor foyer. The basement is a true extension of the living space, offering ample room for family activities and relaxation. It includes a nearly 200 square foot home gym with a rubberized floor surface that is versatile and durable. The room provides ample space for both cardio equipment and strength training. The basement also houses a 390-bottle refrigerated wine room designed to store and age wine in optimal conditions with a cooling system that maintains consistent temperature and humidity. The basement opens onto a patio and fire pit, perfect for outdoor enjoyment.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$2,150,000
↓ $50K
(2.3%) | |
| Price Decreased | |||
| Apr 14, 2025 | Relisted | $2,200,000 | |
| Relisted | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017