8220 OLD MONTGOMERY ROAD
About This Property
Upstairs, three generously sized bedrooms await, along with a second full bath. One bedroom includes a large attached bonus room, perfect for a sitting area, office, or playroom, while another offers unfinished attic space with potential for expansion.
The unfinished basement is very large and includes a rudimentary half-bath, providing ample storage or future finishing options. Outside, the large front yard offers plenty of green space, while the back entrance features ample paved parking for multiple vehicles.
With no HOA fees and easy access to major commuter routes, this home is a fantastic opportunity for those looking to update and customize a spacious property to fit their vision.
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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 6, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | Listed | $599,000 | |
| Listed | |||
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This home is strictly sold AS-IS. Situated on 0.63 acres, this 5-bedroom, 2-bathroom home offers plenty of space and opportunity to make it your own. Inside, you'll find solid wood floors throughout the main and second levels, adding warmth and charm. The main floor features two bedrooms, one with a private entrance, making it ideal for guests or a home office. A full bath with a tub/shower is conveniently located between them. The kitchen is equipped with a cooktop and double ovens, while the spacious family room features a wood-burning fireplace for cozy gatherings. It was used as home for St. John Episcopal Church pastors many years ago.
Upstairs, three generously sized bedrooms await, along with a second full bath. One bedroom includes a large attached bonus room, perfect for a sitting area, office, or playroom, while another offers unfinished attic space with potential for expansion.
The unfinished basement is very large and includes a rudimentary half-bath, providing ample storage or future finishing options. Outside, the large front yard offers plenty of green space, while the back entrance features ample paved parking for multiple vehicles.
With no HOA fees and easy access to major commuter routes, this home is a fantastic opportunity for those looking to update and customize a spacious property to fit their vision.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017