1087 Shadowridge Drive #101
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 3, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$529,500
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$534,500
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 9, 2025 | Price Decreased |
$539,500
↓ $5K
(0.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/06/2026
|
2 Bed
|
2 Bath
|
934 ft²
|
$535,000
2 Bed
2 Bath
934 ft²
|
$535,000
02/25/2026
|
Marissa Montano
Fit Properties
| |
|
06/17/2025
|
2 Bed
|
1 Bath
|
865 ft²
|
$544,500
2 Bed
1 Bath
865 ft²
|
$525,000
-3.58%
08/29/2025
|
Erin Wade
Compass
| |
|
07/01/2020
|
2 Bed
|
1 Bath
|
865 ft²
|
$335,000
2 Bed
1 Bath
865 ft²
|
$340,000
+1.49%
08/20/2020
|
Mike Chiesl
Sentry Residential Inc.
| |
|
07/09/2018
|
2 Bed
|
2 Bath
|
934 ft²
|
$339,800
2 Bed
2 Bath
934 ft²
|
$339,800
07/31/2018
|
Joseph Venturi
Keller Williams - Carlsbad
| |
|
07/04/2018
|
2 Bed
|
1 Bath
|
865 ft²
|
$302,000
2 Bed
1 Bath
865 ft²
|
$302,000
09/10/2018
|
Vicky Hempel
Premiere Property Management
| |
|
05/27/2016
|
2 Bed
|
1 Bath
|
865 ft²
|
$259,000
2 Bed
1 Bath
865 ft²
|
$260,000
+0.39%
06/29/2016
|
Kimberly Fell
HomeSmart Realty West
| |
|
12/28/2011
|
2 Bed
|
1 Bath
|
865 ft²
|
$176,000
2 Bed
1 Bath
865 ft²
|
$165,000
-6.25%
03/21/2012
|
Bart Ryan
B W Real Estate Group
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017