8207 Ames Way
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Keller Williams DTC | $589,000 | |
| Listed by Keller Williams DTC | |||
| Sep 29, 2022 | Listed by Lana Rupp Cabral, Independent | $517,000 | |
| Listed by Lana Rupp Cabral, Independent | |||
| | |||
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PRICE REDUCTION with a $2000 flooring allowance. Nice ranch style home with newer windows, newer insulated garage door and opener, fenced backyard with beautiful garden area and sprinkler system w/Wi-Fi capability installed in 2020. Furnace, water heater and dishwasher were replaced in 2015. Attic Fiberglass insulation R-49+ value blown in. Most of main floor and the family room walls in basement have recently been painted. 2 car driveway with additional off street parking. Hot tub pad and the wiring for hook up located on back patio. Within walking distance to Lake Arbor, shopping, school, restaurants and more. Transit, bus and light rail nearby. Information provided deemed reliable but not guaranteed. Buyer or Buyers Agent to verify all information
| |||
| Feb 28, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017