8428 Lindenhurst Street
About This Property
Upon entering, you'll be greeted by a spacious formal living and dining room, perfect for hosting gatherings. The well-appointed kitchen features recessed lighting, abundant cabinet and counter space, and a central island that flows effortlessly into the large family room with a cozy fireplace-ideal for relaxing evenings.
The first floor includes a bedroom, a bathroom, and a convenient laundry room. Upstairs, the open loft area offers versatile living space with ceiling fans, recessed lighting, and additional storage cabinets. The master suite is a private oasis with a double-door entry, plenty of room for all your furnishings, and a luxurious en-suite bathroom featuring a soaking tub, walk-in shower, dual sinks, and a divided walk-in closet for "his and hers" storage.
Bedrooms 3 and 4 are generously sized, while the oversized 5th bedroom provides flexible options for a home office, playroom, or guest suite. Step outside to the lush, green backyard, offering plenty of room for outdoor activities and relaxation.
Additional highlights include fresh interior paint, ceiling fans throughout, recessed lighting, and a 3 car attached garage. This exceptional home offers year round comfort in a prime location with No HOA fees and No Mello-Roos tax-a true gem!
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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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Price Decreased |
$830,000
↓ $40K
(4.6%) | |
| Price Decreased | |||
| Oct 10, 2024 | Price Increased |
$870,000
↑ $20K
(2.4%) | |
| Price Increased | |||
| Oct 5, 2024 | Listed by New Star Realty & Inv. | $850,000 | |
| Listed by New Star Realty & Inv. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017