1215 Shunpike
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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by River Realty Services, Inc. | $1,300,000 | |
| Listed by River Realty Services, Inc. | |||
| Dec 31, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 25, 2024 | Listed by River Realty Services, Inc. | $967,000 | |
| Listed by River Realty Services, Inc. | |||
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Welcome to 1193 -1215 Shunpike in the heart of the Millbrook Hunt Country. 3500 square foot mid-1700's farmhouse with large horse barn with stalls and 800 square foot 1940's guest house with garage on two parcels on over 30 acres! Pastoral setting with horse pastures and a private pond and stream. Great opportunity for horse folk or gentleman's farm. Property is occupied - do not approach occupants or trespass. Sold as-is. Buyer to pay NYS and any local transfer taxes. Cash offers with proof of funds through auction. Please see agent remarks for offer presentation remarks. No Interior access - do not disturb occupants or trespass. Please note the first auction will be from 12/28 - 12/31. ***Bank employees, individual insiders, impacted 3rd party/vendors and their household members are prohibited from purchasing*** No interior inspections, occupants to be dealt with by buyer post-closing. Taxes and Assessment is for both houses totaled together.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017