8 Shady Tree Lane
About This Property
A dramatic center hall foyer introduces formal rooms with custom detailing throughout. The two-story, window filled family room opens to the large eat-in kitchen featuring granite counters, center island and large breakfast area, perfect for entertaining. A deluxe master suite is highlighted by vaulted ceilings, stunning walk-in closet, custom master bath with radiant heat, steam shower and double vanity. Further enhancing features include a finished basement, a whole house generator, 5 full baths and 3-car garage with Tesla charging outlet plus much more. Close to all transportation, stores and beaches.
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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 |
|---|---|---|---|
| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel | $1,400,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017