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Map
8 August Lane
About This Property
The exterior showcases a new roof, updated siding, and a brick driveway that accommodates up to four vehicles. The property also boasts stunning professional landscaping, enhancing its inviting character.
An extended first floor adds generous space to the formal dining room and living room, perfect for entertaining or everyday living. Highlights include updated kitchen, a wood-burning fireplace, modern split-unit air conditioning, and an attached one-car garage for added convenience.
This well maintained home presents a rare opportunity to enjoy suburban serenity with tasteful updates throughout.
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Homes By Mara | $688,000 | |
| Listed by Homes By Mara | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017