8 Wade Drive
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Price Decreased |
$649,000
↓ $31K
(4.6%) | |
| Price Decreased | |||
| Aug 12, 2025 | Listed by EXP Realty | $679,999 | |
| Listed by EXP Realty | |||
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|
Welcome to this beautiful 4 bedroom, 2 bathroom home located in the heart of the Incorporated Village of Lake Grove in Middle Country School District. This spacious and well-maintained residence offers the perfect blend of comfort, style, and functionality, ideal for families and those who love to entertain. Step into a warm & inviting entry foyer that sets the tone for the rest of the home. The eat-in kitchen features granite countertops and tile flooring. Just off the kitchen, you’ll find a laundry room and a full bathroom for convenience. There is a den area with a wood-burning fireplace as well as a bright sunroom that opens up to the backyard, perfect for enjoying your morning coffee or relaxing in the afternoon light. The home boasts mostly hardwood flooring throughout, with two of the bedrooms featuring easy-to-maintain laminate. The living room is a showstopper, with vaulted ceilings and a skylight that floods the space with natural light. Upstairs, you’ll find four-sized bedrooms and a full bathroom, offering space for family, guests, or a home office. Outside, the expansive backyard is perfect for gatherings, play, or simply enjoying the outdoors. There’s even a designated garden area for those with a green thumb. With its prime location, spacious layout, and numerous features, this home is ready to welcome its next family. Do not miss the opportunity to make it yours! Incorporated Village Tax is $1,092.63
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| Mar 1, 2021 | Sold | ||
| Sold | |||
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About Lake Grove
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$2,610 /mo
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$2,610 /mo
- 1 Bed
- 1 Bath
- 690 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017