8 Long Bay Road
About This Property
Step inside to a welcoming living room featuring a tray ceiling and engineered hardwood flooring that flows seamlessly into the formal dining room. Just beyond, the eat-in kitchen offers an abundance of cabinetry, stainless steel appliances, ceramic tile flooring, and a dinette area perfect for casual dining. The impressive family room boasts soaring two-story ceilings, engineered hardwood flooring, and access to the private backyard paver patio, surrounded by privacy landscaping for a peaceful outdoor retreat.
Conveniently located on the first floor, the spacious primary suite features a large walk-in closet and an en-suite bathroom complete with a double vanity, soaking tub, and separate shower stall. An additional generously sized bedroom, a full bathroom with a tub/shower combination, and direct access to the attached two-car garage complete the main level.
Upstairs, you'll find a versatile loft ideal for a second living area, home office, along with a third bedroom and another full bathroom, perfect for overnight guests or extended family.
Residents enjoy resort-style amenities including championship golf on an Arthur Hills-designed course, tennis, bocce, swimming, fitness facilities, and more than 30 clubs and social activities. End your day with dinner at the community's on-site restaurant, where exceptional dining and a welcoming atmosphere complete the Westlake lifestyle.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$449,000
↓ $51K
(10.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$499,999
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Keller Williams Realty West Monmouth | $525,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017