8700 MANCHESTER RD #4
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2023
|
1 Bed
|
1 Bath
|
-
|
$129,000
1 Bed
1 Bath
|
$140,000
+8.53%
04/25/2023
|
Janette Coffee
Redfin Corp
| |
|
01/20/2023
|
1 Bed
|
1 Bath
|
651 ft²
|
$175,000
1 Bed
1 Bath
651 ft²
|
$171,000
-2.29%
04/04/2023
|
Maribelle Dizon
Redfin Corp
|
Building Info
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017