12 Shallow Brook Road
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Price Decreased |
$1,898,000
↓ $102K
(5.1%) | |
| Price Decreased | |||
| Jul 29, 2024 | Price Decreased |
$1,999,999
↓ $100K
(4.8%) | |
| Price Decreased | |||
| Jul 6, 2024 | Listed by RE/MAX Central | $2,100,000 | |
| Listed by RE/MAX Central | |||
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This beautiful 7+ acre estate complete with 5 stall barn and 2 large paddocks in one of the best locations in Morganville makes this the perfect buy! With 7,400 square ft. of 1st and 2nd floor living space, this interior has been meticulously maintained. An elegant two story foyer with a double sided gas fireplace, an open and bright layout, and a sitting room with panoramic windows are just a few of the architectural upgrades throughout the home. Most of the flooring is brand new, along with many other items throughout. The spacious and vaulted master bedroom suite features two large walk-in closets and vaulted bathroom. The full finished basement features an additional 2,000 sq.ft. of living space, a gas fireplace, and a full bathroom. Property includes a 5.54 acre farm assessed piece
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017