8 Yates Lane
About This Property
The heart of the home is the updated center-island kitchen, featuring quartz countertops, premium stainless steel appliances, and abundant cabinetry. Openly connected to the kitchen is a large formal dining room, creating the perfect layout for entertaining family and friends. The spacious living room boasts vaulted ceilings with skylights, filling the home with natural light and creating a bright, airy ambiance.
The renovated bathrooms showcase stylish finishes, including double vanities for added convenience. The finished basement provides additional living space, ideal for a recreation room, home office, gym, or media room, along with a large laundry room offering ample storage and functionality.
Step outside to enjoy the brick paver patio and a private backyard surrounded by mature trees that provide both beauty and privacy. Additional highlights include a one-car attached garage, a two-car driveway, and beautifully maintained landscaping with outstanding curb appeal.
Ideally located in the award-winning Jericho School District, this move-in ready home is just minutes from shopping, H Mart, Whole Foods, a wide variety of restaurants, and everyday conveniences. Enjoy easy access to major highways and the nearby LIRR station, making commuting to New York City and surrounding areas effortless. A perfect blend of modern updates, functional living space, and an unbeatable location.
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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 |
|---|---|---|---|
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $1,528,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
| Aug 24, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017