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8445 Lamar Dr
About This Property
The main level features a bright, open layout with updated finishes like quartz countertops, a quality kitchen and laundry room that have been well though out. Upstairs are three of the five bedrooms including a generous primary suite with its own bath, while the basement adds two more bedrooms for added flexibility.
Out back, the newly updated yard offers room to relax, room for your garden, a dog run that doesn't overtake the yard, and the hot tub to unwind in. And with Lake Arbor Park just a short stroll away, you'll have easy access to scenic paths, wildlife, and peaceful mornings by the water, right in your own neighborhood.
This is more than a house. It's a place to call home in a community you'll love.
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Nov 19, 2025 | Price Increased |
$650,000
↑ $25K
(4%) | |
| Price Increased | |||
| Jun 12, 2025 | Listed | $625,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017