8 Austin Drive
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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Houlihan Lawrence | $699,900 | |
| Listed by Houlihan Lawrence | |||
| Jun 14, 2025 | Price Decreased |
$739,900
↓ $30K
(3.9%) | |
| Price Decreased | |||
| May 15, 2025 | Listed | $769,900 | |
| Listed | |||
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Welcome to 8 Austin Drive - a private oasis tucked away on a peaceful cul-de-sac street! This spacious 4-bedroom Colonial offers 2 full and 2 half baths with 2,534 sq ft of living space, plus an additional 800 sq ft in the beautifully finished lower level. The main floor features a bright eat-in kitchen with stainless steel appliances, a cozy family room with fireplace, formal living and dining rooms, laundry, powder room, and access to the attached 2-car garage. Upstairs, the primary suite boasts a luxurious private bath with walk-in shower and jacuzzi tub, along with three additional generously sized bedrooms and a full hall bath. The finished lower level is perfect for entertaining or relaxing with a large rec/play room, gym area, half bath, and wood-burning stove. Step outside to enjoy the multi-level deck and screened-in porch with ceiling fan-perfect for warm weather gatherings. A unique under-house garage offers extra storage and a convenient space for lawn equipment. Total privacy and a rare sense of seclusion make this a truly special property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017