8213 Smith Lane
About This Property
The home features a private studio apartment with its own balcony entrance, full kitchen (stove, fridge, dishwasher, and eat-in island), and full bathroom, perfect for guests, in-laws, or rental income. Upstairs, you'll find an oversized bedroom ideal as a second primary suite, large office, or flex space. Walking outside to the oversized back yard with access to a spacious unfinished area ready to be customized into your dream addition.
Every detail of this home has been thoughtfully redone, including new windows, siding, HVAC systems, water heaters, plumbing, septic tank, chip-and-seal driveway, and roof. With two laundry areas and a large chicken coop, this property offers modern convenience and rural charm in one.
A rare opportunity to own a fully refreshed home with room to grow, create, and enjoy the peace of country living just minutes from town.
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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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$579,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Nov 6, 2025 | Listed by Real Broker, LLC | $595,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017