8 Gates Lane #8A
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%.
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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 20, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed by Leading Edge Real Estate | $574,500 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
Beautiful young townhouse located on a quiet cul-de-sac. This Garrison styled unit lives like a single family. This luxury unit features a 2 car garage, fireplaced family room, open living room and formal dining. Granite and stainless gourmet kitchen with upgraded cherry cabinets. Great master bedroom with a spacious master bathroom. Exclusive use easements for the backyard. The lower level provides amazing storage space. This home also comes with gas heat, central air. Minutes to route 95, and 93 conveniently located to the commuter rail, ideal for commuting and shopping.
| |||
| Aug 14, 2009 | Sold | ||
| Sold | |||
| Apr 10, 2009 | Listed by Barrett, Chris. J., REALTORS® | $489,900 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2026
|
3 Bed
|
2 Bath
|
2144 ft²
|
$889,900
3 Bed
2 Bath
2144 ft²
|
$1,030,000
+15.74%
05/13/2026
|
Kristin Weekley
Leading Edge Real Estate
| |
|
06/07/2018
|
3 Bed
|
3 Bath
|
2200 ft²
|
$574,500
3 Bed
3 Bath
2200 ft²
|
$610,000
+6.18%
07/20/2018
|
Hongmei Wang
HMW Real Estate, LLC
| |
|
04/17/2009
|
3 Bed
|
3 Bath
|
2200 ft²
|
$489,900
3 Bed
3 Bath
2200 ft²
|
$489,900
08/20/2009
|
Michael Barrett
Toohey & Barrett Assist 2 Selll
| |
|
04/10/2009
|
3 Bed
|
3 Bath
|
2200 ft²
|
$489,900
3 Bed
3 Bath
2200 ft²
|
$485,000
-1.00%
08/14/2009
|
Michael Barrett
Toohey & Barrett Assist 2 Selll
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017