135A Shadow Lake 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%.
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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 |
|---|---|---|---|
| Jan 6, 2023 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Realty ONE Group NEST | $729,900 | |
| Listed by Realty ONE Group NEST | |||
| | |||
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READY FOR OCCUPANCY!! WELCOME HOME TO SHADOW LAKE!! Imagine driving home to a gorgeous new construction home and unwinding from the day on Shadow Lake which you can access via a shared private dock, or starting the day on your spacious back deck and patio area, enjoying the sunrise and sunset views over the lake. This brand-new construction home is 2110 sq ft and sits on .43 acres of land and has so much to offer! This home is a legal 2 bedroom because of the septic design but can live as a 3 bedroom. Upstairs we have a gorgeous 2.5 baths plus a walk-in closet in the primary and a beautiful primary bath dressed in tile. The open concept kitchen/dining/living area offers lake views throughout the home completes those relaxing mornings or evening gatherings. On the first floor you'll also find an office space, first floor laundry, and a beautiful gas fireplace insert making the living area even cozier. Relax on the farmers porch while gazing across the lake, stay out of the elements in your 2 car garage and enjoy the water on a private shared dock with lake access right across the street! This location is the best of both worlds. Tranquil and quiet yet in close proximity to RT 28 and all that Salem has to offer.
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| Apr 28, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by Coco, Early Associates/Salem | $124,900 | |
| Listed by Coco, Early Associates/Salem | |||
| Feb 25, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017