8383 Painter School
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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | No longer available | - | |
| No longer available | |||
| Jun 18, 2022 | Listed by McLauchlin Realty, Inc. | $429,900 | |
| Listed by McLauchlin Realty, Inc. | |||
| | |||
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Newly built, 8 year old, spacious 5 bedroom home on tranquil Painter School Road. This house includes a roomy walk-in pantry; a cook's dream. The master bedroom features a walk-in closet and ensuite bathroom. The partially finished walkout basement is plumbed for a 2 bedroom apartment, including living space, bathroom, kitchen, and washer and dryer. The walkout lower level has two separate entries one from the garage and another from the back of the house. The living room has a woodstove and sellers are leaving a few cords of wood for the new buyers. Fiber Optic Internet service is currently being installed and will be available July-September 2022. There is a pond on the north east side of the property. The manager has listed the unit size as 2334 square feet.
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| Apr 15, 2022 | Listed by McLauchlin Realty, Inc. | $394,900 | |
| Listed by McLauchlin Realty, Inc. | |||
| Nov 26, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017