8909 Avenue L
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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 |
|---|---|---|---|
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 13, 2020 | No longer available | - | |
| No longer available | |||
| Oct 10, 2020 | In contract | - | |
| In contract | |||
| Sep 19, 2020 | Listed | $699,999 | |
| Listed | |||
| | |||
|
Canarsie Brooklyn; Excellent Value! This 1 Family 2018 Altered And Upgraded Colonial, Features A Full Finished Basement With Permits For The Bathroom, Living Room, Formal Dining Room, Eat-In Kitchen, 3 Bedrooms, 2.5 Bathroom, Den/Family Room, Attic / Office Space, Hardwood Flooring Throughout, And So Much More. New GAF Shingle Roof Installed, New Siding, New Vapor Barrier, And Thick High Commercial Grade Polyliso Insulation R-6, Wall And Ceiling Insulation, 3 Heating Zones, HD Security Cameras Included, Lots Of Street Parking, Conveniently Located Near All Amenities. Don't Miss This Energy Saving, Like New Home! The manager has listed the unit size as 1000 square feet.
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| Sep 1, 2020 | Relisted | $679,999 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017