8 Margaret Lane
About This Property
As you approach this beautiful residence, you'll be captivated by its charming curb appeal. The well-manicured front yard which sets the stage for the elegance that awaits inside.
Step through the front door and be greeted by an inviting foyer that leads to an open-concept living space, perfect for entertaining family and friends. The bright and airy living room boasts large windows that flood the space with natural light, creating a warm and welcoming atmosphere. The adjacent formal dining room is perfect for hosting dinner parties or enjoying family meals.
The heart of this home is the spacious gourmet kitchen. It features custom cabinetry, granite countertops, and stainless steel appliances. The kitchen seamlessly flows into the sunken cozy family room, creating a perfect space for relaxation and gatherings.
The main level also includes a laundry room for added convenience. The main levels consists of newly installed carpet, hardwood floors, and ceramic tiling.
Upstairs, you'll find a serene owner's suite with a walk-in closet and an ensuite bathroom with a soaking tub, separate shower, and dual vanities. Three additional generously sized bedrooms with ample closet space and a full bathroom complete the second level.
The finished basement offers additional living space, perfect for a recreation room, gym, or home theater. The possibilities are endless.
Step outside to the private backyard oasis, featuring a large wood deck, a lush lawn, providing plenty of space for outdoor activities, relaxation, and entertaining.
This prime location offers the best of both worlds - a peaceful suburban setting yet close to major roadways, shopping, dining, parks, and recreational activities. The highly rated Howell school district is an added bonus for families.
Don't miss the opportunity to own this exceptional property at 8 Margaret Lane.
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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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by RE/MAX Central | $649,900 | |
| Listed by RE/MAX Central | |||
| Jul 29, 2017 | Listed | $449,000 | |
| Listed | |||
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Executive Carlisle Model in sought after Oak Hollow Estates with finished basement. Ceramic tile entry and kitchen floor. Tile back splash. New carpeting on stairway and upper hallway. Sliding doors off kitchen lead out to large wood deck and fenced in yard. Walking distance to NY transportation. MORE PHOTOS TO FOLLOW
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017