8508 Central Avenue
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%.
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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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Aug 9, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Keller Williams Preferred Realty | $265,000 | |
| Listed by Keller Williams Preferred Realty | |||
| May 27, 2021 | In contract | - | |
| In contract | |||
| May 20, 2021 | Listed | $265,000 | |
| Listed | |||
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Welcome home! You will feel the love and warmth as soon as you walk through the front door. Beautiful split level home with gleaming hardwood floors throughout main level. The heart of this home is the kitchen featuring white cabinets, tile backsplash, stainless range and fridge, center island with independent seating and ceiling fan. Kitchen flows into the dining room, living room, a door to the beautiful backyard and lower level family room, creating amazing functionality. Upstairs, 3 generous bedrooms, ample closet space and large bathroom. Lower level features a newly remodeled full bath, family room with a wood burning fireplace, laundry room, walking pantry/storage room and separate entrance to the outdoor space. One of the rarest properties in town, this home is built on a double lot allowing for the most amazing back yard. Oversized concrete patio AND massive lawn make the perfect space for entertaining, play area, gardening and relaxing. Remote controlled awning provides perfect shade on those hot summer days. This warm abode has been the location for many functions, parties and celebrations. An entertainer's dream! Located near schools, shopping, fitness centers and all the best that Burbank has to offer. Show with absolute pride and confidence. The manager has listed the unit size as 1687 square feet.
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About Burbank
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017