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120 Shanklin 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 |
|---|---|---|---|
| Aug 21, 2026 | Listed by Priority Realty | $459,000 | |
| Listed by Priority Realty | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 7, 2025 | Listed by Priority Realty | $450,000 | |
| Listed by Priority Realty | |||
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Beautiful Single family home has been converted to 3 units. 2 Lots with 1.5 acres. Potential to build a Mobile home park or RV part. Upgraded countertop, 42" cabinet, 2 year old A/C and Furnace, recently remodeled kitchens and baths. Good for investment with good income! Proposed rental income is proximately 5,000 per month. Large unit # 1: 5 bedrooms 3 bath with kitchen.( 120 Shanklin Road Part A, Rental income is $3200 per month) # 2 unit: 2 bedrooms one bath with kitchen ( 120 Shanklin Road Part B, rental income $1500 per month. # 3 Unit: 2 bedrooms one bath with kitchen.(130 Shanklin Rd, Rental income is 1500 Per month)
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| May 1, 2025 | Listed | $459,000 | |
| Listed | |||
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Beautiful Single family home has been converted to 3 units. 2 Lots with 1.5 acres. Potential to build a Mobile home park or RV part. Upgraded countertop, 42" cabinet, 2 year old A/C and Furnace, recently remodeled kitchens and baths. Good for investment with good income! Proposed rental income is proximately 5,000 per month. Large unit # 1: 5 bedrooms 3 bath with kitchen.( 120 Shanklin Road Part A, Rental income is $3200 per month) # 2 unit: 2 bedrooms one bath with kitchen ( 120 Shanklin Road Part B, rental income $1500 per month. # 3 Unit: 2 bedrooms one bath with kitchen.(130 Shanklin Rd, Rental income is 1500 Per month)
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| Mar 27, 2025 | Listed | $459,000 | |
| Listed | |||
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Beautiful Single family home has been converted to 3 units. 2 Lots with 1.5 acres. Potential to build a Mobile home park or RV part. Upgraded countertop, 42" cabinet, 2 year old A/C and Furnace, recently remodeled kitchens and baths. Good for investment with good income! Proposed rental income is proximately 5,000 per month. Large unit # 1: 5 bedrooms 3 bath with kitchen.( 120 Shanklin Road Part A, Rental income is $3200 per month) # 2 unit: 2 bedrooms one bath with kitchen ( 120 Shanklin Road Part B, rental income $1500 per month. # 3 Unit: 2 bedrooms one bath with kitchen.(130 Shanklin Rd, Rental income is 1500 Per month)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017