8451 London Ln
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 |
|---|---|---|---|
| May 13, 2026 | Listed | $1,150,000 | |
| Listed | |||
| Jul 24, 2025 | Price Decreased |
$1,150,000
↓ $49K
(4.1%) | |
| Price Decreased | |||
| Jun 20, 2025 | Price Decreased |
$1,199,000
↓ $51K
(4.1%) | |
| Price Decreased | |||
| Apr 17, 2025 | Price Decreased |
$1,250,000
↓ $75K
(5.7%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed | $1,325,000 | |
| Listed | |||
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This spectacular, turn-key home on Shadow Mountain offers privacy, space, and all of the extra amenities you would expect in a second home, investment property, or stylish primary residence. Inside, the main floor living space is open and inviting, with multiple areas to relax, an updated kitchen, and a massive laundry/mud room, all arranged around a large double-sided, stone fireplace and modern stairway. Upstairs, you'll find a huge primary suite with a fireplace, two bedrooms, and an office/bonus room. Downstairs, there's another cozy bedroom and a large game room with walkout access to the backyard. But outside is were this home really shines - views for miles, multiple decks, over an acre of fully fenced yard, an outdoor fireplace, private hot tub and sauna space, a wine-themed "treehouse," an EV charger, and direct, private access to National Forest and the Maxwell Falls Trail - what more could you ask for in a foothills retreat?
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017