8505 Avenue C
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 |
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| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Wyatt Realty Group, Inc. | $425,000 | |
| Listed by Wyatt Realty Group, Inc. | |||
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Super modern home situated on 5 acres of fully fenced property. This home has it all. It has been updated with a more modern look, but when you step outside you can see all 5 acres from your side porch. With beautiful mature trees around the home and some recently planted fruit trees. There is a mud pond for the cattle to cool off in and a cattle shelter for the animals to get some shade. This home has been re-painted inside and out since the current owner purchased it. The owner upgraded the plumbing to pex plumbing. He remodeled the bathroom, updated all of the flooring, along with many other updates throughout the home. The appraisal district has the home as a 2/1, the current owner is using the front bedroom as game room. This home is the perfect balance of modern and country living.
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| Feb 18, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by RE/MAX 1st Choice | $235,000 | |
| Listed by RE/MAX 1st Choice | |||
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LITTLE HOUSE ON THE PRAIRIE! DARLING HOME WITH A SPACIOUS BASICS. TWO BEDROOMS, ONE BATH. GIANT OPEN KITCHEN AND DINING AREA AND LARGE ROOMY LIVING ROOM. COVERED FRONT PORCH, OPEN BACK DECK TO SIT AND ENJOY THIS GORGEOUS FALL WEATHER. IMMEDIATE YARD IS FULLY FENCED WITH DOUBLE DRIVEWAY GATED ENTRY. ALL SITUATED ON 5 FULL ACRES. DID NOT FLOOD DURING HARVEY! DOUBLE CAR DETACHED GARAGE TO TINKER AROUND IN. THIS IS A GREAT HOME LOOKING FOR A NEW OWNER. SUPER CUTE INTERIOR WITH LIGHT AND BRIGHT COLOR SCHEME TRIMMED IN A CLEAN WHITE. ALL APPLIANCES STAY. SINGLE BATHROOM IS ALSO HANDICAPPED ACCESSIBLE AND ROOMY TOO!. WASHER/DRYER CONNECTIONS ARE IN THE HOUSE. SEVERAL STORAGE CLOSED. BOTH BEDROOMS ARE OVERSIZED. FULL MATURE TREES. JUST A GREAT FIND!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017