16 Shannon
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Signature Properties of Vermont | $509,900 | |
| Listed by Signature Properties of Vermont | |||
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Coldwell Banker Hickok and Boardman | $425,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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Welcome to Shannon Way in one of Milton’s most desirable neighborhoods! 16 Shannon Way is a 3 bed, 3 bath Contemporary Colonial with over 2,000 square feet of living space on a .81 acre double lot - the largest in the neighborhood. The floor plan was designed for the perfect combination of living, dining, and entertainment space. The open kitchen/dining area is a welcoming space for friends and family and features stainless steel appliances, a large kitchen island, and plenty of counter space and cabinet storage. The sliding glass door opens onto a large deck overlooking an above ground pool and expansive backyard. Upstairs are 3 bedrooms including a primary suite with walk-in closet and the finished lower level features a game room with a pool table and a spacious den or office space. With your personal touches and some TLC, this could be your dream house!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017