8 Hastings Road
About This Property
Prestigious Holmdel Estate on 2.55 acres is just INCREDIBLE! Located in one of Holmdel's premier neighborhoods a few minutes off Garden State Parkways exit 114, 8 Hastings offers 5 Bedrooms 4 Full Baths 2 Half Baths 3 Car Garage a breathtaking open floor plan with 5244 sqft with another 2,250 sqft of finished walk out lower level. Full brick front, circular driveway, double door entry, back paver patio, large maintenance free deck with plenty of room for a pool, basketball/tennis court is just the beginning. Come inside and you'll find an elegant, grand, two-story foyer, with circular staircase, gorgeous hardwood floors, dining and living rm's, office w/custom built ins, sundrenched two-story family rm with gas fireplace. Large eat in custom kitchen with Quartz counters, Viking stove, Subzero fridge, center island, ample number of cabinets and so much more. Bedroom with ensuite bathroom on 1st floor plus laundry and pantry. Upstairs you'll find the expansive landing with breathtaking views overlooking the foyer on one side and the family room on the other. Absolutely Stunning. Huge sunlit master bedroom suite offers raised ceilings a custom master bath with double sinks, custom shower, jetted tub and a huge closet with secret room. It's a must see. Three more generous sized 2nd floor bedrooms. Two share a full bath and the third has its own. The lower level is a house unto itself. Fantastic wet bar, tv/movie area, game rm area sitting area with gas fireplace and 1/2 bath easily turned into a full bath. Wine closet, utility room and slider out to back paver patio. Whole house generator. Roof 1 year old. Septic system upgraded April 23. Hot water heaters 7 months old. 8 Hastings is an entertainers dream. Family gatherings, holidays, large parties. The options are endless. Centrally located close to everything the Jersey Shore has to offer. Minutes onto the Garden State Parkway or minutes to downtown Red Bank. Bell Works around the corner. Some of the best shopping, restaurants, culture, night life around. Hurry don't wait. Make your appointment today.
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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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Apr 30, 2023 | Listed by Coldwell Banker Realty | $1,800,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 8, 2022 | No longer available | - | |
| No longer available | |||
| Sep 30, 2022 | Listed by Keller Williams Realty East Monmouth | $1,800,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
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A QUIET, CUL-DE-SAC LOCATION in a truly Premiere Section! This HOLMDEL STUNNER boasts 2.55 acres of complete & total privacy, expansive wrap-around trex deck, WALK-OUT FULL BASEMENT; featuring a LUX FULL BAR w extensive storage, Gas Fireplace, WINE CELLAR, FULL BATH & 3x BIG OPEN BONUS ROOMS ideal as a GYM, MOVIE THEATRE + SITTING Rm/GAMING AREA OR. 5000+ sqft, 5BDS +5.5 BTHS. Impressive entry FOYER, custom millwork & moldings at every turn, 2x story Soaring GREAT ROOM w beautiful views & another gas fireplace. LUXURY KITCHEN, Formal Living & Dining Room, HUGE OFFICE & convenient 1st FLOOR BEDROOM. LESS THEN 5min To GARDEN STATE PARKWAY. GREAT WALKABILITY. The manager has listed the unit size as 5244 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017