8 Hitty Rd
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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $320,000 | |
| Listed | |||
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This distinctive 1-bedroom bungalow offers a perfect blend of charm, thoughtful design, and natural beauty. Enter through a beveled glass door into a bright, open layout with a skylight, recessed lighting, and seamless laminate flooring. The living room with a large bow window flows into a cozy office area and a stylish kitchen featuring quartz countertops, breakfast bar, farmhouse sink, stainless appliances, and stacked laundry. The spacious bedroom includes a generous cedar closet. Outside, enjoy a composite deck and spacious yard for entertaining, a storage shed, and a paved driveway with space for four vehicles. The backyard is next to the Salem Town Forest with access to scenic hiking trails. Enjoy exclusive Shadow Lake beach access for swimming, kayaking, and fishing with a low annual fee. Tucked close to commuter routes, dining, and shopping—yet surrounded by nature—this serene retreat is ready to welcome you. Experience it in person—schedule your private tour today.
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| Dec 17, 2021 | Sold | ||
| Sold | |||
| Nov 4, 2021 | Listed by Berkshire Hathaway HomeServices Verani Realty | $289,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017