8 Schelly Drive
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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 27, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by VRI HOMES | $789,999 | |
| Listed by VRI HOMES | |||
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by EXP Realty | $649,900 | |
| Listed by EXP Realty | |||
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Experience the essence of New Monmouth in this captivating split-level colonial home. Boasting 4 bedrooms and 2.5 bathrooms, this residence has undergone recent updates, presenting a modern and inviting ambiance. Discover a brand-new kitchen adorned with sleek stainless steel appliances and elegant quartz countertops. With a formal living room, cozy family room, and an open concept dining area, this home effortlessly caters to your every need. All bedrooms are conveniently situated on the same floor, promoting easy accessibility and comfort. Enjoy the freshly painted walls and the subtle radiance of recessed lighting throughout. The eat-in kitchen provides a delightful space for casual meals, while the spacious foyer welcomes you into the home with grace. Unwind and entertain in the screened porch area, adding a touch of charm to your gatherings. Outside, an expansive fully fenced backyard invites you to relax and relish in privacy. The two-car garage offers ample parking and storage options. Additionally, a finished basement provides extra versatility to suit your lifestyle. Nestled in a prime location, this property grants quick access to major highways, public transportation, renowned restaurants, and vibrant shopping destinations. And not to forget, the beach is just a short distance away. Don't miss out on this exceptional opportunityschedule your viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017