1271 Shakespeare Drive
About This Property
Let's talk kitchen - granite counters, upgraded finishes, and ready to handle everything from microwave magic to five-star feasts.
And the primary suite? It's giving spa day everyday - with Berber flooring, a walk-in closet, and a full bath with a jacuzzi tub for your self-care Sundays - this L-shaped retreat even comes with a cozy office nook and direct access to the back patio, perfect for morning coffee or moonlight vibes. One room's got a built-in full Murphy bed (a guest room when you need it, a home gym when you don't), and another's rocking a remodeled shower and elevated cabinetry that says "I'm fancy but functional."
Now let's get technical: we've got a Carrier A/C system, a smart 4-zone thermostat, two Bluetooth-operated attic fans, and a whole-house Life Source water filtration system. There's even RV parking with a gate-because options are everything. Toss in a shed for bonus storage, a convenient carport, and a spacious front and backyard made for BBQs or gardening dreams. Plus, a cozy patio that practically whispers, "wine me down."
BUT WAIT, there's more (you know I had to): Riverside Public Utilities covers your water, trash, sewer AND Electric!- one bill, no nonsense. Plus, you're just minutes to freeways, rail, shopping, and more. Welcome Home!
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by KW College Park | $685,000 | |
| Listed by KW College Park | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017