8 Nicholas Way
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | Listed by BHHS Verani Windham | $925,000 | |
| Listed by BHHS Verani Windham | |||
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This expansive and meticulously maintained Seabrook home offers a rare blend of luxury, flexibility, and location. Perfect for multi-generational living or as an income-producing property with a fully separate apartment featuring its own kitchen, living space, and bathroom. Residents enjoy exclusive access to Seabrook Beach and a convenient location just minutes from Route 1, shopping, restaurants, and coastal attractions. The professionally landscaped yard is built for entertaining with a saltwater pool and Trex deck surround, oversized paver patio, circular firepit area, perennial gardens, two sheds with power, and a robotic lawnmower included in the sale. The stunning great room offers cathedral ceilings, inlaid hardwood floors, a marble fireplace, and space for a pool table. The chef’s kitchen is designed for both daily living and hosting, featuring granite counters, a large island with prep sink, smart appliances including dual dishwashers, and high-end German fixtures. The formal dining room includes a butler’s pantry with wine storage and serving area. The luxurious primary suite has dual walk-in closets, a gas fireplace, motorized blinds, and a spa-style bath with Jacuzzi, bidet, and steam shower. Additional highlights include a finished walk-up attic, oversized heated garage, upgraded flooring, central vac, designer lighting, smart home features, sprinkler system, and more. Showings begin at the open house Saturday 6/21!
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| May 29, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by The Hamptons Real Estate | $599,900 | |
| Listed by The Hamptons Real Estate | |||
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Look closely at the finished square footage of this home, (5,402). Would you invest 15% more to get 50% more home? All the luxury features you can imagine were included when the current owners built this home in 2004, entertaining is a breeze and the legal apartment with separate entrance provides the homeowner an added source of income. The large 23x23 Great Room with vaulted ceiling, custom inlaid hardwood floors and fireplace. The kitchen, with it's eat-in dining area is well-equipped, with 2 dishwashers and a spacious island, making family gatherings easy to host and even easier to clean up after! The 2nd level has 4 bedrooms, which includes a generously sized master suite with gas fireplace and his & her walk-in closets,the large master bath has a jetted tub as well as a spacious tiled steam shower. There are too many details to describe!! Do you have the current or future need to care for an in-law, care to have someone else pay 50% of your mortgage? Come experience this home!!
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| Jan 14, 2019 | Listed by The Hamptons Real Estate | $599,900 | |
| Listed by The Hamptons Real Estate | |||
| | |||
|
Look closely at the finished square footage of this home, (5,402). Would you invest 15% more to get 50% more home? All the luxury features you can imagine were included when the current owners built this home in 2004, with 5,402 square feet of living space it makes entertaining a breeze and the legal apartment with separate entrance provides the homeowner an added source of income. The large 23x23 Great Room has a vaulted ceiling, custom inlaid hardwood floors and impressive fireplace. The kitchen, with it's eat-in dining area is well-equipped, with 2 dishwashers and a spacious island, making family gatherings easy to host and even easier to clean up after! The formal dining room includes a separate built-in wine area alongside, or grab a bottle from your wine cellar in the basement! The 2nd level has 4 bedrooms, which includes a generously sized master suite with gas fireplace and his & her walk-in closets. The large master bath has a jetted tub as well as a spacious tiled steam shower. The attic is finished, with potential for an office or, if needed, more guest space. There are too many details to describe!! The legal apt could be used for multiple purposes. Would you like someone else paying 50% of your mortgage? Do you have the current or future need to care for an in-law? Come experience this home, you will be delighted!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017