8738 COMMONWEALTH 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%.
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 |
|---|---|---|---|
| Apr 18, 2017 | Sold | ||
| Sold | |||
| Jun 20, 2016 | Listed by SOLSTICE REALTY, LLC | $149,000 | |
| Listed by SOLSTICE REALTY, LLC | |||
| Mar 27, 2015 | Listed by SOLSTICE REALTY, LLC | $179,800 | |
| Listed by SOLSTICE REALTY, LLC | |||
| Apr 23, 2002 | Sold | ||
| Sold | |||
| May 24, 2001 | Listed by HARRIS REAL ESTATE & ASSOCIATES INC | $275,000 | |
| Listed by HARRIS REAL ESTATE & ASSOCIATES INC | |||
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ORIGINAL HOME HAS 2 ADDITIONS - FAMRM HAS ITS OWN SM KIT W/JENNAIR COOK TOP& BATH - 2 YR OLD CH&A & WELL - 200 AMP SER APPROX 1 YR/AS PER SELLER - SITTING HIGH & DRY - 10 ACRES W/GREENBELT - HORSE STALL W/ENCLOSED STORAGE & ADDITIONAL STORAGE ZONED AG - COUNTRY LIVING - CONVENIENTLY LOCATED. SELLER WILL HOLD 1ST MORTGAGE W/25% DOWN @ 7% FOR 15 YRS. LEAVE BUSINESS CARD. THANKS FOR SHOWING! LOCK B
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017