8880 EVELYN DRIVE
About This Property
Aside from the 3,300sf of finished space, the home includes a finished & painted, extra-large 2-car garage with built-in storage and regular stairs to unfinished storage room over garage; unfinished basement with 10' ceilings, includes a wood-burning fireplace, future gym space, mechanicals room, full bathroom, rec-room with wet-bar drain, and double French doors to back yard; PLUS a huge (15' x 20') workshop, PLUS a future rental studio suite (or nanny suite) - the 4th bedroom- with another private full bath and walk-in closet. Extra insulation all over accounted for low NOVEC bills over the winter.
Do you want to ride your ATV around the neighborhood? You can do that! Lots of trails! Do you want to keep a horse in your own barn? You can do that! LGP already permits a barn. Do you want to go kayaking or canoeing when you get home from work? You can do that! Do you want to build a greenhouse and grow your own food or keep chickens? You can do that! Do you want to just chill out in your own den with streaming movies? A FIOS connection let's you do that as well! There's even room for a pool & pool house! Quiet, low-density street at back of laid-back Lake Jackson Hills neighborhood.
Entering the home you'll find a lovely, Craftsman-appropriate front door, allowing loads of afternoon light to enter the foyer and on into the rest of the house. You'll notice 5" character hickory hardwood everywhere; the formal dining room is on the left, allowing seating for 8-10 PLUS room for the sideboard. To the right you'll see a Craftsman-style staircase with 4' wide hardwood treads leading to the library and owner's suite.
Ahead is the 18' x 20' living area with upgraded gas fireplace (rear black glass increases depth and remote makes operation super simple); double French doors lead out to over 600 sf of composite-deck balcony, overlooking more than 2 acres of tall trees, softening the morning light.
Off to the left is the stunning, light -filled modern, black & white, professional, multi-cook kitchen with stainless appliances including 6-burner dual fuel stove, French door refrigerator, whisper-quiet dishwater, microwave including air-fryer, extra-wide stainless steel double farmer's sink; Italian composite countertops to include 4' wide island with two eat-at places, plus a corner, eat-in nook. Through the back hall you'll find an outsized, walk-in pantry, the back door to the cover porch (with fan), and powder room. Open the door and find a large mud/laundry room with Craftsman-appropriate tile floors. Here, a sink sits between the washer & dryer with plenty of storage over, an entry bench has drawer storage, and there is large, corner coat-closet. The last door takes you into the insulated garage, with upgraded insulated garage doors.
A short hall from the living area brings you to the two spacious family bedrooms with a large share bathroom between, including a huge linen closet. The door to the basement is off this hall. The doorway was built in a way to be opened (with door removed and opening widened) if desired.
Generous upstairs owner's suite includes an office/library, large den, craft/workout area, bedroom with sitting nook, walk-in closet with built-ins, 8' of double sink, large walk-in tiled shower with seat and Japanese-style round soaking tub in the alcove. Again, beautiful 5" character hickory hardwood floors throughout with tile in the bathroom.
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Price Decreased |
$869,999
↓ $4K
(0.5%) | |
| Price Decreased | |||
| Sep 21, 2025 | Price Decreased |
$873,999
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Aug 22, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $874,999 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017