8 Layne
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 |
|---|---|---|---|
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Relisted | $575,000 | |
| Relisted | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed | $575,000 | |
| Listed | |||
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Step into lakeside luxury at this stunning, fully renovated waterfront oasis! This captivating home offers 3 serene bedrooms and a sophisticated modern bathroom—all seamlessly flowing within 1,189 sq ft of impeccable living space. Your own 75 ft private beach awaits on the vibrant Wheelwright Pond, a year-round playground! From exhilarating summer days filled with boating, jet skiing, and raft parties, to magical winter moments enjoying ice fishing, pond hockey, and thrilling snowmobile rides—adventure and relaxation blend perfectly. Experience breathtaking lake views from two expansive decks connected by an elegant staircase, ideal for entertaining or tranquil sunset escapes. Inside, discover a bright, open-concept layout meticulously designed with luxurious finishes, abundant natural light, and scenic beauty at every turn. Enjoy peace of mind with a recently serviced private septic and well. Located within the acclaimed Oyster River School District, you're only moments away from major shopping centers, Lee Speedway, and the New England Dragway. With an additional lot for exciting expansion potential (pending approval) and an unfinished basement ready for expansive storage with the option to finish and add 380 sq ft of personalized space, this property is a remarkable opportunity as your primary home, vacation paradise, or turnkey Airbnb investment. Seize the chance to own the lakeside dream you've always imagined! Seller willing to give concessions to buyer at closing.
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| Apr 14, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017