8631 Faraday St
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by HOUSE2HOME LLC | $450,000 | |
| Listed by HOUSE2HOME LLC | |||
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Charming Brick Ranch with Endless Possibilities! This inviting brick ranch offers a spacious layout and features that make it perfect for a homeowner ready to add their personal touch. The main level boasts gorgeous wood floors throughout, a cozy fireplace in the living room, and a bright bay window that fills the space with natural light. The eat-in kitchen is packed with cabinets for ample storage, complemented by a separate dining area for more formal gatherings. With 3 bedrooms and an updated 3/4 bath on the main level, comfort is at the forefront. The fully finished basement expands the living potential, offering 3 additional bedrooms with egress windows, a 3/4 bath, and a versatile wet bar that can easily be transformed into a full kitchen. Outside, the large backyard is a highlight, complete with a covered patio for entertaining and a greenhouse equipped with electricity and water. The one-car attached garage adds convenience to this home's charm. This property is a true gem for those seeking a home with space, character, and opportunity.
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| Dec 17, 2018 | Sold | ||
| Sold | |||
| Apr 30, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017