42
Map
8 Terrace Drive
About This Property
Dive into Lake Life with activities like motor boating, Jet skiing, fishing, waterskiing, kayaking, canoeing, and a sandy beach with life guards all season, In the winter, delight in activities like ice fishing, snowshoeing, ice hockey, snowmobiling, and speed skating. Vails Grove offers outstanding amenities including lake views, lake rights, docking rights, a lifeguard-attended beach, a playground, basketball courts, and a pavilion area-all within a quick walking distance. Vails has a CO-OP Association that owns the land and fees are billed quarterly. The community is also surrounded by three prestigious country clubs: Pehquenakonck Country Club, Salem Golf Club, and Vails Grove Golf Course. Don't miss out on the opportunity to call this lakeside paradise your own!
Additional Information: Amenities: Boat Storage and possible tennis & pickle courts coming soon.
Conveniently Close to All! Schools, highways, shopping, golfing, horse farms, Metro-North & More!
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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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Coldwell Banker Realty | $399,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017