8 Heights Terrace
About This Property
For nearly 25 years, this 2,900 sq. ft. home has been cherished by the same family, filled with love and lasting memories. Now, it's ready for its next chapter!
Set on a fenced property, the backyard is a true retreat with a sparkling concrete pool, perfect for summer entertaining. Inside, you'll find timeless wood floors, two fireplaces (one gas, one wood) and a spacious layout designed for comfortable living and gathering. The large basement offers endless possibilities- whether you need extra storage, recreation, or future expansion. All of the mechanicals and the roof are less than 8 years old, giving you peace of mind for years to come. Conveniently located close to shopping, transportation, and some of the area's best restaurants, this home truly has iall.
Don't miss your chance to make this special property your own and start creating memories in the heart of Middletown!
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Price Decreased |
$950,000
↓ $49K
(4.9%) | |
| Price Decreased | |||
| Oct 3, 2025 | Relisted | $999,000 | |
| Relisted | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017