1087 Shadowridge Dr #111
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%.
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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 20, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by Sentry Residential Inc. | $335,000 | |
| Listed by Sentry Residential Inc. | |||
| | |||
|
No expense has been spared with freshly painted walls, brand new doors with new frames, detached garage with ample on-site storage, recently treated windows, security door, a new 40 gallon water heater, a 75" QLED custom mounted television, & high-end sound bar. Kitchen has been updated with refaced cabinets, backsplash, light fixtures, granite counter, & all recently purchased appliances. Master bedroom includes walk-in closet & new barn style door leading to redone master bathroom with granite counter. Washer/dryer in inside laundry room and appliances convey. The den has been converted to be an additional bedroom. Garage door clicker included. Electrical outlets painted recently and door hardware updated as well.. Neighborhoods: Shadowridge Complex Features: ,, Equipment: Dryer,Pool/Spa/Equipment, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Sep 11, 2018 | Sold | ||
| Sold | |||
| Jul 4, 2018 | Listed by Premiere Property Management | $302,000 | |
| Listed by Premiere Property Management | |||
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