2 8th Street
About This Property
Situated on an oversized fenced lot, 75 X 125, the home offers a very spacious deck overlooking a private backyard with room to roam. Oversized shed offers great storage too. There are two driveways, so off street parking is never a problem. With almost 1,500 of sq ft of living space the home offers a spacious layout. Inside, the home was just freshly painted, striking custom picture frame molding, gleaming hardwood floors throughout (except kitchen and baths),updates in both baths. The finished basement offers an additional living space with media room, office and plenty of storage with a walk out through bilco doors making easy access to backyard.There is electric all set up for that pool!The style of this home was very popular and used throughout Strathmore which was built by Levitt. Home is located minutes to Municipal Building of Aberdeen Township&Police Headquarters.Very close, minutes to NYC train, bus and GSP it's an easy commute for sure. Top rated Strathmore elementary school minutes away as well as top rated Matawan HS. Lots of love went into this home remodel and it shows.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Relisted | $589,000 | |
| Relisted | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Listed by EXP Realty | $589,000 | |
| Listed by EXP Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017